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2 Years of GST (Goods and Services Tax) in India – Analytical Report

Goods and services tax in India has seen an incredible growth from 38.5 Lakhs migrated taxpayers as on 1st July 2017 to 1.22 Crore registered taxpayer as on June 2019. After completing 2 successful years of GST implementation GSTN has issued an analytical report covering the following points.

Registration Trend (July 2017- June 2019)

As per the reports of GSTN, in the July month of 2017 there were 38, 51,211 taxpayers who migrated from earlier indirect tax regime to the current one (GST). Whereas, in the June month of 2019 there were total 1, 22, 58, 569 taxpayers who were registered under GST.

Note: These figures include all kind of registration except UIN but includes cancellation.

Registration Trend

Total Returns Filed (July 2017)

Under GST regime over 28 Crore returns were filed from July 2017 to June 2019. The highest number of returns filed in a day is 21.30 Lakhs. Here is the line chart showing the total number of returns filed during this duration.

Total Returns Filed

Total Payment Received

To simplify the payments received by the government we are listing the payments financial year wise:

July 17 to March 2018

MONTH Jul’17 Aug’17 Sep’17 Oct’17 Nov’17 Dec’17 Jan’18 Feb’18 Mar’18 TOTAL
CGST 10 15,252 15,131 14,962 13,690 13,928 14,874 14,763 16,266 118,876
SGST 10 23,257 21,979 22,345 20,294 19,700 21,542 20,621 22,055 171,803
IGST 20,958 49,968 48,930 47,995 42,694 42,765 45,338 42,382 46,326 387,356
Domestic 32 26,901 25,000 25,879 22,667 22,048 23,793 22,779 23,993 193,093
Imports 20,926 23,068 23,929 22,116 20,026 20,717 21,546 19,603 22,333 194,263
Comp CESS 593 7,156 8,024 8,032 7,103 7,922 8,070 8,196 7,520 62,614
Domestic 0 6,608 7,302 7,291 6,420 7,164 7,282 7,550 6,702 56,319
Imports 593 548 722 740 683 758 788 645 817 6,295
Total 21,572 95,633 94,064 93,333 83,780 84,314 89,825 85,962 92,167 740,650

 

Here is the chart depicting the same detail:

2 Years in GST

April 2018 to March 2019

MONTH Apr’18 May’18 Jun’18 Jul’18 Aug’18 Sep’18 Oct’18 Nov’18 Dec’18 Jan’19 Feb’19 Mar’19 TOTAL
CGST 18,653 15,866 15,968 15,877 15,303 15,318 16,464 16,812 16,442 17,763 17,625 20,353 202,444
SGST 25,704 21,691 22,021 22,293 21,154 21,061 22,826 23,070 22,459 24,826 24,192 27,520 278,817
IGST 50,548 49,120 49,498 49,951 49,875 50,070 53,419 49,726 47,936 51,225 46,953 50,418 598,739
Domestic 29,302 24,673 25,004 25,099 23,363 24,762 26,511 25,593 24,301 27,169 25,568 26,897 308,243
Imports 21,246 24,447 24,493 24,852 26,512 25,308 26,908 24,133 23,635 24,056 21,384 23,521 290,495
Comp CESS 8,554 7,339 8,122 8,362 7,628 7,993 8,000 8,031 7,888 8,690 8,476 8,286 97,369
Domestic 7,852 6,485 7,349 7,568 6,779 7,224 7,045 7,189 7,051 7,788 7,566 7,395 87,290
Imports 702 854 773 794 849 769 955 842 838 902 910 891 10,080
Total 103,459 94,016 95,610 96,483 93,960 94,442 100,710 97,637 94,726 102,503 97,247 106,577 1,177,369

To understand this here is a chart supporting it:

2 Years in GST

April 2019 to May 2019 (One month)

MONTH Apr’19 May’19
CGST 21,163 17,811
SGST 28,801 24,462
IGST 54,733 49,891
Domestic 31,444 25,016
Imports 23,289 24,875
Comp CESS 9,168 8,125
Domestic 8,115 7,172
Imports 1,053 953
Total 113,865 100,289

Here is a chart supporting the same:

2 Years in GST

IGST Refunds (June 18 to June 19)

Month IGST (Amount in Cr.) Invoice Count GSTR Count
18-Jun 29,752.06 16,45,576 66,437
18-Jul 33,797.25 18,60,030 76,185
18-Aug 38,673.77 21,06,849 87,038
18-Sep 44,599.32 23,83,153 97,692
18-Oct 48,883.32 26,11,134 1,07,953
18-Nov 55,771.76 29,58,770 1,23,611
18-Dec 61,458.81 32,24,736 1,36,211
19-Jan 66,764.59 34,80,209 1,51,249
19-Feb 72,808.09 37,72,784 1,65,700
19-Mar 78,369.08 40,45,555 1,80,445
19-Apr 84,087.73 43,49,983 1,95,166
19-May 95,943.44 48,41,458 2,11,165
19-Jun 1,02,201.55 51,39,753 2,26,648

2 Years in GST

E-way Bill Generation

1st April 2018 to 31st March 2019

Month Intra State Inter State Total
April, 2018 74,37,665 2,05,58,339 2,79,96,004
May, 2018 1,61,00,890 2,11,30,776 3,72,31,666
June, 2018 2,72,73,991 1,94,91,208 4,67,65,199
July, 2018 2,62,21,010 1,79,89,426 4,42,10,436
Aug, 2018 2,77,83,011 2,11,68,113 4,89,51,124
Sep, 2018 2,70,74,491 2,10,39,539 4,81,14,030
Oct, 2018 3,06,51,459 2,28,56,671 5,35,08,130
Nov, 2018 2,67,45,667 1,83,16,758 4,50,62,425
Dec, 2018 2,89,24,054 2,10,54,452 4,99,78,506
Jan, 2019 2,95,65,228 2,14,52,244 5,10,17,472
Feb, 2019 2,90,57,120 2,09,78,733 5,00,35,853
Mar, 2019 3,21,51,603 2,27,56,473 5,49,08,076
Total 30,89,86,189 24,87,92,732 55,77,78,921

1st April 2019 to 30th June 2019

Month Intra State Inter State Total
April, 2019 3,04,86,357 2,20,38,234 5,25,24,591
May, 2019 3,16,85,231 2,25,89,362 5,42,74,593
June, 2019 2,20,78,936 1,48,23,593 3,69,02,529
Total 8,42,50,524 5,94,51,189 14,37,01,713

The modes of e-way bill generation during the above mentioned period are:

Mode Percentage of e-way bill generated
Website 63.74%
Excel Tool 22.44%
Mobile/SMS/API 14.09%

2 Years in GST

Assistance for Taxpayers

GSTN created whole GSP Ecosystem to assist the taxpayer. Currently, there are 70 GSP on-board under GSTN. In order to become a GSP, the company’s financial ability is evaluated along with IT capability. This evaluation is done to know whether the company would be able to deliver the necessary GST services to the taxpayer or not. Some of the major GST services are:

GST Registration

  1. GST Return filing
  2. E-way bill generation and cancellation
  3. GST Portal Offline Tools
  4. Returns Offline Tool
  5. Tran 1 Offline Tool
  6. Tran-2 Offline Tool
  7. ITC-01 Offline Tool
  8. ITC-03 Offline Tool
  9. ITC-04 Offline Tool
  10. GSTR-3B Offline Tool
  11. GSTR-4 Offline Tool
  12. GSTR-6 Offline Tool with Amendments
  13. GSTR-7 Offline Utility 11. GSTR 8 Offline Tool
  14. GSTR-9 Offline Tool
  15. GSTR-9A Offline Tool
  16. GSTR-9C Offline Tool
  17. GSTR-10 Offline Tool
  18. GSTR-11 Offline Tool
  19. GST ARA-01 Application for Advance Ruling
  20. GST Services on the GST Portal

Registration

  1. Registration for Normal Taxpayer/ISD/ Casual Taxpayer/TDS/UIN/Non- resident
  2. Enrolment for GSTP
  3. Opt for and opt out from Composition scheme
  4. Cancellation of Registration/ Revocation of cancellation
  5. Intimation of details of stock (CMP-03)
  6. Engage/ disengage GST Practitioner, GSTP Dashboard, and Locate GSTP
  7. Suo-Moto cancellation initiated by tax officials
  8. REG 30 – Field visit report by tax officers
  9. Non-Core amendment of UIN and other notified bodies.
  10. Compulsory Withdrawal from Composition Scheme
  11. Application for Amendment of Registration – Non Core Fields – Other Taxpayers (GSTP)
  12. RC generation for OIDAR and UIN users created through utility
  13. Application for Revocation of Suo- Moto Cancellation of OIDAR/TDS/ TCS/NRTP users
  14. Generation of User ID for unregistered users
  15. Application for Filing Clarification through GSTP for all tax payers – for Suo-Moto Cancellation of Registration.

Returns

  1. GSTR 1/2A/3B with Offline Utility
  2. GSTR-4 for Composition taxpayers
  3. GSTR 5: Return for Non Resident Taxpayer
  4. GSTR 6, (for ISD online and offline)
  5. GSTR 5A for OIDAR (Online Data Access or Retrieval Services)
  6. GSTR 11: Statement of purchases for UN bodies.
  7. ITC-01/02/03/04
  8. GSTR 4 A (related to B2B inward supplies, CN/DN of composition taxpayer
  9. GSTR 7: Creation & Submission of Return for TDS (Online & Offline)
  10. GSTR 8: Creation & Submission of Return for e-Commerce (TCS)
  11. GSTR 10: Final return with offline Utility.
  12. GSTR 9C Offline Utility
  13. GSTR 9 – Preparation & Filing of Annual Return for Normal Taxpayer

Payments

  1. Online Payments through Internet Banking and NEFT/ RTGS
  2. Offline Payments-Over the Counter (Authorized Bank) for amount up-to 10,000 INR
  3. Creation and maintenance of Electronic Cash Ledger
  4. Form GST PMT-07 – Grievance for payment
  5. Automatic addition selected bank in the preferred banks list

Transition Forms

  1. Tran Form 1 – Transitional ITC / Stock Statement (Closed)
  2. Edit of Tran Form -1 (Closed)
  3. TRAN Form 2– Credit on goods held in stock on the appointed day (Closed)
  4. TRAN 2 Offline Tool
  5. Tran Form 3 – Credit distribution (Closed)

Refund

  1. Excess balance in Electronic Cash ledger
  2. Exports of services- with payment of tax
  3. Exports of goods / services- Without payment of Tax, i.e., ITC accumulated (with multiple tax period)
  4. ITC accumulated due to inverted tax structure [under clause (ii) of first proviso to section 54(3)] (with multiple tax period)
  5. On account of supplies made to SEZ unit/ SEZ developer (with payment of tax) (with multiple tax period)
  6. On account of supplies made to SEZ unit/ SEZ developer (without payment of tax) (with multiple tax period)
  7. Recipient of deemed export (with multiple tax period)
  8. Tax paid on an intra-state supply which is subsequently held to be inter-state supply and vice-versa
  9. Excess payment of Tax, if any
  10. Any Other Refund
  11. Supplier of Deemed Export (with multiple tax period)
  12. Filing of monthly refund applications by Quarterly Return filers.

 

(Image Credit)