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Over 91% of large biz file FY18 GSTR

About 91.3% of eligible taxpayers with over Rs 2-crore turnover or about 9.11 lakh, had filed their annual goods and services tax (GST) returns for 2017-18 by February 12, while 92.3% or 8.42 lakh of the eligible base had filed their reconciliation statements.

ET Bureau|
Last Updated: Feb 17, 2020, 09.07 AM IST
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NEW DELHI: About 91.3% of eligible taxpayers with over Rs 2-crore turnover or about 9.11 lakh, had filed their annual goods and services tax (GST) returns for 2017-18 by February 12, while 92.3% or 8.42 lakh of the eligible base had filed their reconciliation statements. The numbers for annual returns under GSTR-9 and conciliatory statements under GSTR 9C, were issued by the GST Network (GSTN) Sunday.

The data reveals 12.42 lakh taxpayers with a turnover of over Rs 2 crore, which is 13.4% of the total 92.58 lakh regular taxpayers. Filing of returns is mandatory for taxpayers with over Rs 2-crore turnover, while for those below the threshold, the filing is optional. However, 32.92 lakh such taxpayers, of the total base of 42.03 lakh filed their returns, while 1.04 lakh filed their reconciliatory statements.
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