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GST Collection Scales Up

Sushil Kumar Lohani, State GST Commissioner was happy as the State continued to maintain a healthy trend of collection of SGST up to the month of February 2020 with SGST collection of Rs. 804.85 crore.


Mr.Lohani led the Team of SGT and accordingly healthy trend has been observed in the CGST collection.

The SGST collection in the corresponding period last year was Rs. 672.99 crore, an official release here claimed.

It said in February 2019, progressive growth rate of 27.50% was achieved till February.

The SGST collection of Rs. 804.85 Cr is the second highest monthly collection during the current FY. .

The release said the gross GST Collection (CGST, IGST, SGST & Cess) from April-February 2020 shows a growth of 11.18% with collection of Rs. 27044.37 crore against Rs. 24325.79 crore collected during April-February 2019.

The gross collection of Rs. 2790 crore during the month is also the second highest monthly collection during the current FY.  

IGST & Cess which were showing a negative trend during the previous months due to slowdown in sale of coal and steel products have registered positive growth rate of 9.29% and 27.65% respectively during the month of February ’20 as compared to February ’19, the release claimed.

The cumulative growth of Cess till February ’20 against the corresponding period last year has turned positive (0.20%) for the first time, it said adding, however, cumulative IGST growth continues to be negative (-3.20%).

From State’s perspective, there is healthy growth in the transactional tax collected in the form of SGST & CGST (27%), it said.

The VAT collection from petroleum products and liquor during February 20 is Rs. 695.81 crore which is the highest monthly collection during the current FY.
Out of this, the collection from petroleum products which was showing a negative trend till December ’19 has improved with collection of Rs. 541.44 crore during Feb ’20 as compared to Rs. 470.72 Cr during Feb ’19 registering a MoM growth rate of 15.02%.

Further, filing of return (GSTR 3B) has also shown healthy improvement of late with record 91% of taxpayers assigned to State filing returns during January 2020 which is the highest return filing percentage (within due date) so far since launch of GST as compared to 67% filing during January 2019, the official release said.

Instructions have also been issued to field functionaries to conduct regular survey of potential taxpayers to increase the tax base. Accordingly, 45,639 new taxpayers have been brought to the tax fold during the current FY which is encouraging.

GST Commissionerate has also issued instructions to its field units to take special drive against non-filers and wrong return filers. As a result, 49,081 notices have been issued against the dealers not filing returns and 11,121 notices issued against dealers filing wrong returns. 2176 active e-waybill users have been blocked from generation of waybills due to non filing of return for last 2 tax periods.

Similarly, in 302 cases of taxpayers assigned to State, credit amounting to Rs. 61.96 Cr has been blocked for excess claim of credit than what is available.

In order to further streamline tax administration under GST, instructions have been issued to cancel the registration of all the fake/ non-serious dealers after field enquiry.

During the current FY, registration of 12,300 of such taxpayers assigned to State have been cancelled on ground of non-existence at the declared place of business, not filing regular return for more than 6 months or conducting fraudulent transactions.

In addition, Commissionerate of Commercial Tax and GST, through data analytics, is identifying fake invoice issuers for exemplary enforcement action.
 
Till date 7 masterminds of rackets running fake dealer network with fraudulently passing input tax credit have been arrested. In respect of recipients of bogus ITC of other states, respective Commissioners of 15 States have been moved to take steps to recover the said amount with interest and penalty along with other statutory actions prescribed under GST Act.
 
The Commissionerate is also taking steps to recover the bogus ITC availed by recipients of Odisha with interest and penalty and Show cause notices have been issued against 181 registrants who have received and availed fake ITC worth Rs.77.60 Crore from non-existent / fictitious registrants.
 
GST Commissioner, Mr.Lohani, has instructed all the field functionaries to extend full co-operation to the taxpayers in meeting their tax related obligations and assisted them in filing regular and proper returns. He has also asked them to ensure that no harassment is caused to the genuine taxpayers while performing their duties.
 


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