Goods & Services Tax (GST) collections


GST collections, GST collections in October, Revenue plunges, average collection, GST credit, lower tax incidence, interim GSTR


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.

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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.

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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.
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 User-Friendly Goods and Services Tax Network (GSTN) 

       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.

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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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