Over 3.6 million businesses file GST returns

Those who wish to claim transitional input tax credit could file returns by August 28

As many as 36,32,279 businesses filed their returns for the month of July till Monday morning under the goods and services tax (GST) regime. However, there were problems with the filing of forms required for claiming input tax credit for pre-GST stocks.

Those who have filed the returns constitute about 42 per cent of total number of assessees of 8.7 million under the GST regime. However, 2.2 million of these assessees are yet to complete the migration process. A last-minute rush had led to the GST Network portal, the information technology backbone of the new indirect tax system, crashing last week,