GST

GST statistical report released on completion of three years of implementation

GST statistical report released on completion of three years of implementation

On completion of three years of GST implementation, GSTN has released a statistical report.

The Key Highlights of the statistics are as under:

1. Registration Trend (Active Taxpayers Net of Cancellations) 

There are 12311104 total registrations on 30th June 2020 as against 10839385 as on  18th April, 2018

2. Active Taxpayers

Total of 1,03,96,876 normal taxpayers, 17,11,581 composition taxpayers as on 30th June 2020. Maharashtra has maximum number of normal taxpayers followed by Uttar Pradesh while U.P. has maximum number of composition taxpayers followed by Maharashtra.

3.  Total Returns Filed

Highest Returns Filed in a day are 23.86 Lakhs. Over 47 Crores Returns filed till June 2020

4.  GSTR1 Return Filing Trend

Huge gap can be seen between eligible returns and returns filed for due dates for the months of March & April 2020 on account of extension of due dates due to COVID-19 pandemic.

5. GSTR3B Filing Compliance

Filing on due dates for the months of March & April 2020 is extremely low on account of waiver of interest & late fees payment due to COVID-19 pandemic.

6. Number of invoices Reported in GSTR-1 as per Turnover Slabs

7. Payments- July’ 17 to March’18

8. Contribution to GST Revenue from Different Constitutions of Business 

Proprietor leads the percentage of total taxpayers but in terms of revenue PSU leads the tally.

8. Refund of IGST Paid on Export of Goods (Jun – 19 till June – 20)

Month of Transmission IGST (Amt/Cr.) Invoice Count GSTR-1 Count
June 2019 6,321.28 312487 17131
June 2020 5073.60 220392 15563

9. E-way bill Statistics (1st April 2019 – 30th June 2020)

Total e-Way Bills generated 70,62,89,680 
Highest number of e-Way bill generated in a day 25,19,208 (29th Feb 2020)
Modes of Goods Transport :
99.63% by Roads
0.42% by Rail
0.20% by Air
0.02% by Ship

10. GSTN Outreach Initiatives

Download GST Statistics Report Click Here >>

Share

Recent Posts

  • Bank

State Bank of India elects four Directors in its Central Board

State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting…

4 hours ago
  • Income Tax

Declaration of additional income by increasing the WIP was not proper – ITAT

Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the…

1 day ago
  • Income Tax

Cash payment for purchase of land or property not violation of 269SS or 269T

Cash payment for purchase of land or property cannot be treated as violation of provisions of section 269SS or 269T…

2 days ago
  • Income Tax

Excel Utility for ITR-1 and ITR-4 available for e-filing for AY 2026-27

Income Tax Department has released excel Utility for e-filing ITR-1 and ITR-4 for AY 2026-27 Excel utilities of ITR-1 and…

3 days ago
  • Insurance

Mediclaim amount not deductible from MACT award under medical expenses – SC

Amount of money received as Mediclaim not deductible from an award passed by MACT under the head of medical expenses.…

4 days ago
  • Income Tax

ITAT jurisdiction is decided by location of AO passing the impugned order

Location of the assessing officer who passed the order shall decide the jurisdiction of the Bench of the Tribunal In…

4 days ago