New Return Filing System of GSTN

GSTN will focus, amongst others, on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. Improvement in User Interface on the basis of feedback is a continuous process. Few important initiatives/improvements made for better User Experience are:

  1. Questionnaire for filing GSTR-3B to avoid errors by taxpayers.
  2. Option to generate pre-populated Challan by the system to avoid depositing Cash in wrong Head by the taxpayers.
  3. Introduction of one click Nil return filing.
  4. Suggested utilisation of ITC informed to the taxpayer for discharging tax liability.
  5. Contextual help for GST transactions like Registration, Returns, Payment, etc.

GSTN has started work on BI & Analytics. Different scenarios of BI have been identified on which work is going on such as Persona based Analysis, Predictive Analysis, Fraud/Anomaly Detection, Statistical Scoring, 360-degree view of taxpayers, Circular Trading & Network Analysis, etc. Further, GSTN shares data with tax authorities on the following:

  • Mis-match between figures reported in GSTR-1 & GSTR-3B.
  • Mis-match between figures reported GSTR-3B and that computed by the system in GSTR-2A.
  • Taxpayers who have generated e-way bill but not filed tax returns

Comparison of GSTR-1 & GSTR-3B for liability analysis, GSTR-2A & GSTR-3B for comparison of ITC being claimed by taxpayers, and analysis regarding taxpayers who have generated e-way bill but not filed tax returns is being done and the reports generated are shared with tax authorities for taking appropriate action.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sabha today.

GST Revenue Collections

Considering present trend in the Monthly Collection of GST revenue, the changes in Revised Estimates vis-à-vis Budget Estimates for the FY 2018-19 are as under:

Goods and Services Tax (GST) (in Rs. Crore) Budget 2018-2019 Revised 2018-2019
CGST 603900 503900
IGST 50000 50000
GST Compensation Cess 90000 90000
Total 743900 643900

It is further submitted that the Month-Wise Gross Collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under:

Month

 

GST collection (in Rs. Crore)
 

2017-18

 

2018-19

April 1,03,459
May 94,016
June 95,610
July 96,483
August 95,633 93,960
September 94,064 94,442
October 93,333 100,710
November 83,780 97,637
December 84,314 94,726
January 89,825 1,02,503
February 85,962
March 92,167
Average 89,885 97,555

In view of the above facts, it is clear that the GST collection in the current FY (2018-19) has been showing improvement compared to last FY (2017-18). The average gross collection of GST in the Current FY 2018-19 is Rs. 97,555 crore (till January’19) as compared to last year average collection of Rs. 89,885 crore.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sabha today.

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