At 1.1cr, No. of GST return filers up 65% in 5 years
The number of GST return filers rose about 65% to 1.1 crore in 5 years till April 2023 as compliance by taxpayers improved, the finance ministry said. Also, the number of active taxpayers registered under GST increased from a little over 1 crore as of April 2018, to 1.4 crore.
As per data shared by the ministry, 90% of eligible taxpayers are filing GSTR-3B returns by the end of the filing month in the current fiscal year, up from 68% in 2017-18. “Simplification in rules and procedure in GST has resulted in increase in return filing percentage by eligible taxpayers,” the ministry said in a post on X.