Goods & Services Tax (GST) collections
Goods & Services Tax (GST) collections
The month-wise
consolidated figures of Central Goods and Services Tax (CGST),State Goods and
Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess
collected by the Government since July 1, 2017 is as under:
(Amount
in Rs. Crores)
|
Month
|
Collection
|
|
August, 2017
|
93,590
|
|
September, 2017
|
93,029
|
|
October, 2017
|
95,132
|
|
November, 2017
|
85,931
|
|
December, 2017
|
83,716
|
|
January, 2018
|
88,929
|
The GST collections
have increased in the months of Jan. 2018 in comparison to previous two months.
The summary of
returns filed for the month of January, 2018 is detailed below:
|
Taxpayers required to file Return (Other than
composition Taxpayers)
|
GSTR-3B
filed till last day of filing
|
% of returns filed till last date of filing
|
Filed till 18th March 2018
|
% of filing as on 18th March, 2018
|
|
|
|
|||||
|
83,52,202
|
53,94,018
|
64.58%
|
62,96,048
|
75.38%
|
|
The Government is
taking various steps to check evasion as well as educate the taxpayers about
the new tax regime and encouraging voluntary compliance. The steps which are
being taken include introduction of e-way bill, simplification of measures for
filing tax returns, steps to capture invoice details of transactions so that
the same could be matched with credit taken and verification of transition
credit availed by tax payers.
****
E-Insurance Accounts: 15,21,907 accounts opened as on 15th March
2018
As per Insurance
Regulatory and Development Authority of India (IRDAI), the number of customers
who have opened e-insurance accounts as on 15th March 2018 are
15,21,907. However, e-insurance accounts are only for storing insurance
policies in electronic form. These accounts are not designed to hold any funds
which can be used to purchase new insurance policies.
IRDAI has issued the
"Revised Guidelines on Insurance Repositories and electronic issuance of
Insurance Policies" on dated 29th May 2015 which
facilitate creation of e-insurance accounts with registered Insurance
Repositories and storing such insurance policies in electronic form with them.
In order to reduce risk of losing physical documents as well as to allow quick
retrieval of such insurance policies, the policyholder can store insurance
policies in these e-Insurance accounts. This would facilitate easy and speedy
settlement of insurance claims. The Authority has also notified the IRDAI
(Issuance of e-Insurance Policies) Regulations, 2016 on 13th June
2016 which mandates policies of threshold limit of prescribed sum insured and
premium above which all insurance policies are required to be issued in
electronic form.
IRDAI (Insurance
Services by Common Service Centres) Regulations, 2015 dated 5th October
2015, encourages insurers to hold the policy documents in the dematerialized
form with any of the insurance repositories and facilitates rural policyholders
for sending the soft copy of the proposal data, claims data and any other
information by the Rural Authorised Person (RAP) to the insurer and vice versa.
The above Regulations/guidelines facilitate policyholders in rural areas to
keep insurance policies in electronic form.
****
Financial Assistance to Economically Backward Region
Till 2014-15,
financial assistance was given to accelerate socio-economic development of the
Most Backward Regions/Districts in the country under the Backward Region Grant
Fund (BRGF) programme. Central funds are mainly released to States under
various Central Sector/Centrally Sponsored Schemes.
Following the recommendation of the 14th Finance
Commission for biggest ever increase in States share in divisible pool of
Central taxes and duties from 32% to 42%, many Schemes including BRGF along
with other State Plan Schemes stand subsumed in larger devolution.
Based on the recommendations of the Sub-Group of the Chief Ministers,
after the approval of the Cabinet, funding pattern of Centrally Sponsored Schemes
(CSS) between Central and States has been revised. The rationale being to
ensure optimum utilization of resources with better outcomes through area
specific interventions and also ensure wider reach of the benefits to the
target groups.
Up-liftment of 115 Backward Districts is being undertaken through
focused approach and convergence/ synergy among the existing schemes. All
Centrally Sponsored Schemes/Central Sector Schemes within their individual
Scheme Guidelines give weightage to Backward Districts/Areas for fund
allotment.
****
Goods and Services Tax Network (GSTN) has sought the views of the taxpayers
about their experience and difficulties. A survey was conducted by GSTN
on overall taxpayer’s satisfaction during the months of October
2017 & November 2017. The taxpayers for the Survey were selected at random,
on the basis of their most recent activity, on the GST portal. The Survey was
not conducted State-wise. On the basis of the Survey/ response received,
suggestions / concerns were identified. The action/ steps taken by GSTN in this
regard is annexed as ANNEXURE.
The
aforesaid steps have improved the system and made it user-friendly. Further,
the following steps have been taken to make GST system simpler for tax payers:
- Edit facility is available in returns and
other forms.
- Offline tools for return preparation and other
functionalities have been provided.
- User manual, Video tutorials and FAQs have
been provided for different functionalities which can be used by the tax
payer.
Approximately 60,000
tax officers/officials of Central/State Government have been trained so that
they can assist taxpayer and resolve their queries/grievances and train them on
various functionalities.
ANNEXURE
|
Sl.No. Suggestions/Concerns
|
Action/steps taken by GSTN
|
|
(i) There were gaps in general understanding of the electronic
processes for complying on GST Portal (Specific technical Issues like Digital
signature related problems etc.)
|
Video tutorials and Webinars are being conducted on regular basis by
GSTN. Help on portal has also been enhanced
and language in
text scripts are
being continuously monitored and amended as the case may be for better
understanding.
|
|
(ii) Helpdesk is not able to respond to problems effectively.
|
Trainings are arranged for all helpdesk agents by GSTN regularly.
Periodic refreshers are also being held. Preview facility, offline tools
assist the taxpayers in avoiding mistakes. Reset functionality for GSTR-3B
was introduced in October 2017 and thereafter for GSTR-4 (Composition Taxpayer
Return).
|
|
(iii) Mistakes in return cannot be corrected
|
Data for GSTR-1 can be amended in subsequent month’s GSTR-1 through
amendment table.
GSTR-3B values of turnover, tax, and ITC can be adjusted in subsequent
month’s GSTR-3B One click nil return filing has also been introduced.
Multiple enhancements have been undertaken which has improved the overall
site performance. On 20th Feb 2018, 17.97 Lakh returns were filed along with
6.9 lakh payment transactions on the GST portal.
|
|
(iv) Site performance being slow and has multiple problems
|
Even at this load, server utilization was less than 30%. The software
has been further tuned to increase the number of logged in users and now
1,50,000 taxpayers can transact and function on the portal at the same time.
|
|
(v) Contextual help not available.Errors are generic and non-intuitive
|
GST System has introduced contextual help of all GST related
transactions like Registration,
Payments, returns etc. This however, is a continuous process.
|
|
(vi) It is extremely difficult to reach helpdesk. It takes a long time
to respond to issues escalated
|
The number of agents has been increased to 520 and GSTN has also
introduced a dedicated Grievance Redressal Portal that navigates a taxpayer
to specify the problem in a focused manner. This has reduced generic emails
which had a tendency to incompletely and ambiguously describe the problem. A
suggestive help text is also displayed on the screen when the taxpayer is
narrating the problem on the grievance redressal portal.
|
This was stated by Shri Ship Pratap
Shukla, Minister of State for Finance in a written reply to a question in Lok
Sabha today.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri
Suraksha Bima Yojana (PMSBY)
Pradhan Mantri Jeevan
Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) were
launched on 9th May, 2015. The cover period under these Schemes is 1st June of
each year to 31st May of subsequent year. These Schemes are
offered/administered through both Public and Private Sector Insurance
companies, in tie-up with scheduled commercial banks, Regional Rural Banks and
Cooperative Banks.
PMJJBY offers a renewable one year term life cover of Rupees Two Lakh to
all subscribing bank account holders in the age group of 18 to 50 years,
covering death due to any reason, for a premium of Rs.330/- per annum per
subscriber, to be auto debited from subscriber’s bank account. Similarly, PMSBY
offers a renewable oneyear accidental death cum disability cover to all
subscribing bank account holders in the age group of 18 to 70 years for a
premium of Rs.12/- per annum per subscriber to be auto debited from
subscriber’s bank account. The scheme provides a cover of Rs. Two Lakh for
accidental death or total permanent disability and Rs One Lakh in case of
permanent partial disability.
PMJJBY and PMSBY provide insurance cover to common people, especially
poor and the under-privileged sections of the society. The Government as well
as the Public Sector Insurance Companies such as Life Insurance Corporation of
India (LIC) had organized massive campaign to create awareness amongst large
sections of population and also carried outreach efforts to facilitate access
to the schemes. An exclusive website www.jansuraksha.gov.in, which
hosts all relevant material / information including forms, rules etc. related
to this scheme in English, Hindi and regional languages, was created. The
progress of settlement of claims under the schemes is monitored regularly by
the Government. Any complaints in respect of the schemes are dealt in
coordination with banks and insurance companies in getting it resolved
expeditiously.
The State/UT-wise
details made under PMJJBY and PMSBY so far along with the percentage of
beneficiaries covered in these schemes compared to India’s population are given
in Annexure.
|
No
|
Name of State/UT
|
PMJJBY
Enrolments
|
Claim
Settlement
Ratio
|
Percentage
to eligible
population
|
PMSBY
Enrolments
|
Claim
Settlement
Ratio
|
Percentage
to eligible
population
|
|
1
|
ANDAMAN AND NICOBAR
ISLANDS
|
13,417
|
100.00%
|
6.12%
|
25,939
|
N/A
|
9.64%
|
|
2
|
ANDHRA PRADESH $$
|
180,40,161
|
94.35%
|
5.39%
|
267,94,786
|
95.45%
|
17.70%
|
|
3
|
ARUNACHAL PRADESH
|
33,871
|
94.67%
|
5.87%
|
54,557
|
N/A
|
8.28%
|
|
4
|
ASSAM
|
5,84,825
|
98.01%
|
3.88%
|
15,42,341
|
91.67%
|
8.24%
|
|
5
|
BIHAR
|
12,66,498
|
93.74%
|
3.65%
|
44,35,787
|
95.21%
|
9.97%
|
|
6
|
CHANDIGARH
|
49,270
|
93.33%
|
4.66%
|
1,80,897
|
91.84%
|
13.38%
|
|
7
|
CHHATTISGARH
|
11,20,568
|
96.43%
|
9.32%
|
48,78,782
|
93.16%
|
32.42%
|
|
8
|
DADRA AND NAGAR
HAVELI
|
18,100
|
96.88%
|
5.56%
|
38,729
|
100.00%
|
10.59%
|
|
9
|
DAMAN AND DIU
|
13,611
|
100.00%
|
7.16%
|
30,015
|
N/A
|
13.91%
|
|
10
|
GOA
|
1,13,053
|
97.77%
|
6.64%
|
2,34,179
|
96.83%
|
11.00%
|
|
11
|
GUJARAT
|
21,42,005
|
92.47%
|
7.34%
|
50,85,989
|
95.77%
|
13.66%
|
|
12
|
HARYANA
|
8,03,608
|
94.49%
|
5.25%
|
27,16,634
|
91.49%
|
13.59%
|
|
13
|
HIMACHAL PRADESH
|
2,44,435
|
96.70%
|
7.57%
|
9,70,141
|
91.89%
|
22.04%
|
|
14
|
JAMMU AND KASHMIR
|
2,62,659
|
98.08%
|
3.33%
|
6,06,542
|
97.73%
|
8.38%
|
|
15
|
JHARKHAND
|
4,39,311
|
96.75%
|
3.17%
|
17,33,879
|
95.30%
|
10.97%
|
|
16
|
KARNATAKA
|
29,02,855
|
98.50%
|
8.60%
|
63,87,312
|
95.79%
|
14.82%
|
|
17
|
KERALA
|
7,59,384
|
97.89%
|
5.35%
|
36,73,381
|
97.02%
|
18.02%
|
|
18
|
LAKSHADWEEP
|
1,147
|
N/A
|
2.95%
|
4,510
|
N/A
|
9.73%
|
|
19
|
MADHYA PRADESH
|
18,22,529
|
96.59%
|
5.08%
|
74,07,563
|
95.33%
|
17.42%
|
|
20
|
MAHARASHTRA
|
34,49,919
|
95.82%
|
6.07%
|
80,03,951
|
95.22%
|
11.39%
|
|
21
|
MANIPUR
|
30,031
|
97.87%
|
2.75%
|
87,690
|
100.00%
|
6.09%
|
|
22
|
MEGHALAYA
|
36,681
|
89.86%
|
3.41%
|
77,784
|
66.67%
|
5.98%
|
|
23
|
MIZORAM
|
46,453
|
98.78%
|
7.47%
|
72,568
|
100.00%
|
9.70%
|
|
24
|
NAGALAND
|
19,076
|
96.36%
|
3.51%
|
48,569
|
N/A
|
7.45%
|
|
25
|
DELHI
|
8,74,887
|
94.65%
|
5.89%
|
22,21,327
|
95.47%
|
11.47%
|
|
26
|
ODISHA
|
9,18,132
|
96.69%
|
4.36%
|
35,93,515
|
94.77%
|
13.89%
|
|
27
|
PUDUCHERRY
|
64,443
|
96.00%
|
7.83%
|
1,93,922
|
94.87%
|
17.97%
|
|
28
|
PUNJAB
|
6,04,813
|
96.51%
|
4.28%
|
32,88,932
|
94.05%
|
17.38%
|
|
29
|
RAJASTHAN
|
13,45,160
|
89.33%
|
5.07%
|
47,74,162
|
94.59%
|
13.88%
|
|
30
|
SIKKIM
|
26,355
|
100.00%
|
6.51%
|
46,679
|
75.00%
|
9.32%
|
|
31
|
TAMIL NADU
|
23,26,177
|
97.35%
|
5.06%
|
68,65,370
|
92.97%
|
11.50%
|
|
32
|
TELENGANA
|
16,78,284
|
96.21%
|
6.44%
|
55,26,435
|
98.17%
|
16.35%
|
|
33
|
TRIPURA
|
99,101
|
83.62%
|
4.45%
|
3,11,420
|
90.00%
|
10.85%
|
|
34
|
UTTAR PRADESH
|
31,63,381
|
93.11%
|
3.50%
|
116,66,598
|
94.76%
|
10.33%
|
|
35
|
UTTARAKHAND
|
3,30,352
|
93.02%
|
5.12%
|
12,93,280
|
95.60%
|
16.25%
|
|
36
|
WEST BENGAL
|
12,51,194
|
97.18%
|
2.80%
|
55,91,359
|
86.77%
|
9.74%
|
|
37
|
Others &
Non-CBS Enrolments **
|
61,08,451
|
|
|
136,27,812
|
|
|
|
|
Grand Total
|
530,04,197
|
95.13%
|
5.05%
|
1340,93,336
|
94.62%
|
13.20%
|
**Beneficiaries converged from Ministry of Textiles, Women & Child
Development, MSME and Department of Animal Husbandry, Dairy and Fisheries from
their respective erstwhile Insurance schemes. Non-CBS
enrolments pertain to urban cooperative bank subscribers which were not
migrated to CBS system.
$$ includes 1.65 crore and 1.99 crore beneficiaries which have been
converged from AABY to PMJJBY and PMSBY respectively in the state of Andhra
Pradesh
This was stated by Shri Ship Pratap
Shukla, Minister of State for Finance in a written reply to a question in Lok
Sabha today.
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