GST collection falls to Rs 85,174 cr in Feb; only 69% taxpayers file returns

NEW DELHI: GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 per cent of the assessees filed returns.

Around 59.51 lakh GSTR 3B returns were filed for February. This is 69 per cent of the total taxpayers who are required to file the monthly returns, the Finance Ministry said in a statement.

“The total revenue received under GST for the month of February 2018 (received up to March 26) has been Rs 85,174 crore,” it said.

The collection in January was Rs 86,318 crore, while in December and November it was Rs 88,929 crore and Rs 83,716 crore.

Till March 25, 1.05 crore taxpayers had been registered under GST. Of these, 18.17 lakh are composition dealers who are required to file returns every quarter and the rest, 86.37 lakh, are required to file returns every month. (AGENCIES)

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