GST taxpayer base crosses one-crore mark

GST taxpayer base crosses one-crore mark

Published
Hot News
1 min read
GST Bhavan. (File Photo: IANS)
New Delhi, Jan 25 (IANS) The total number of taxpayers registered under the Goods and Services Tax (GST) crossed the one-crore mark in January, according to the latest figures released by the Finance Ministry on Thursday."One crore taxpayers have been registered under the GST till January 24, of which 17.11 lakh are composition dealers," an official statement said.According to last month's figures issued by the Ministry, 99.01 lakh taxpayers were registered under the GST till December 25, of which 16.60 lakh were composition dealers.Composition dealers are those with turnovers of up to Rs 1.5 crore and are required to file returns every quarter instead of every month.After falling for two consecutive months, revenue collections under the GST picked up and touched Rs 86,703 crore in December compared with Rs 80,808 crore in November.--IANSvv/tsb/bg

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!