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  • News From Press Over 29 lakh biz pay GST so far, deadline ends midnight

    Over 29 lakh biz pay GST so far, deadline ends midnight

    Source: Moneycontrol Aug 26, 2017

    Over 29 lakh businesses have filed their first tax returns under the Goods and Services Tax (GST) regime before the filing deadline closes on Friday, an official said.

    The deadline for filing first monthly return under the GST - the new indirect tax regime that unifies over a dozen state and central taxes, including excise duty, service tax and VAT - expires at midnight tonight.

    "At the start of the day today, over 29.64 lakh returns had been filed," the official said. "An estimated 15-20 lakh more may file returns by the end of the deadline".

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