Gujarat tops in GST filing compliance HP, Tamil Nadu, UP, others also lead

  • 17 Jul 2024
  • Team Edukating
  • 569

New Delhi: More than 90% of the registered businesses in states such as Gujarat, Rajasthan, Punjab, Uttar Pradesh and Himachal Pradesh have filed monthly tax returns, according to official data. 

This has helped these states emerge on top of the list of states with the highest GST compliance, while some north-eastern states have lagged behind in GST compliance. 

Gujarat has topped the list of states in ensuring GST return filing compliance, with 95% of those required to file monthly tax returns through Form 3B, meeting the requirement, according to data—available on GSTN, the company that processes the tax returns—for the current fiscal up to the end of May.

Form 3B is a summary of all the monthly transactions done by a business or individual service provider. 

Source : https://www.livemint.com/economy/gujarat-tops-in-gst-filing-compliance-at-95-hp-tamil-nadu-up-others-also-lead-while-arunachal-manipur-lag-behind-11721044598623.html

whatsup