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GST base swells 65% in 5 yrs

GST base swells 65% in 5 yrs
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GST base swells 65% in 5 yrs

New Delhi: The number of GST return filers rose about 65 per cent to 1.13 crore in 5 yeaRstill April 2023 as compliance by taxpayers improved, the finance ministry said on Sunday.

Also, the number of active taxpayers registered under GST increased from 1.06 crore as of April 2018, to 1.40 crore. As per data shared by the ministry, 90 per cent of eligible taxpayeRsare filing GSTR-3B returns by the end of the filing month in current fiscal year, up from 68 per cent in 2017-18 fiscal.

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