GSTR-3B returns filing sees massive jump with 18.27 lakh on November 20
Synopsis
The filings for GSTR-3B returns on Wednesday saw a massive jump with over 18.27 lakh GSTR-3B returns "filed" on Wednesday
New Delhi: The filing for GSTR-3B returns on Wednesday for October saw a massive leap. A total of 18.27 lakh GSTR-3B returns were filed on Wednesday for the tax period of October – an increase of 50% month-on-month. A total of 12.2 lakh returns were filed on the last due date.
In October, 64.83 lakh GSTR-3B returns were filed as against 59.9 lakh in the previous month.
The Central Board of Indirect Taxes and Customs (CBIC) said data shows that there is a fair improvement in compliance by the taxpayers. It also shows that the GSTN return filing system is working smoothly within its expected limits.
The CBIC has asked taxpayers not to wait till last three days to file the returns and avoid login peaks.
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