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Deadline ends today, 29 lakh businesses have filed tax returns

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

The deadline for filing the 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 today midnight.

About 48 lakh taxpayers had saved the sales data on the portal till August 23 and they are just a step away from paying taxes and filing returns. An estimated Rs 50,000 crore had come in from taxes from those returns.

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