Over 1.11 crore businesses have registered themselves under GST. The average monthly compliance of return filing and tax payment is going up in a staggered manner and over a period it is expected to be around 96 per cent, Adhia said.
Adhia, in the missive, has stated that the performance of the Central government officers in all the states, barring Arunachal Pradesh, is lower than the state government officers in return filing percentage for April (up to May 26) this year.
Finance secretary Hasmukh Adhia said it has been a “very successful rollout so far”. “No glitch at all... at this rate, we will be able to, as per the declared timetable, bring for intra-state also,” Adhia said.
Finance secretary Hasmukh Adhia said if the annual turnover of a company is Rs 5 lakh, why would it register under GST. He said the government was not aware about the low sales figures reported by composition scheme dealers.
The highest number of GST registrants are in Maharashtra, Uttar Pradesh, Tamil Nadu and Gujarat. GST collections in September were over Rs 92,150 crore, October - Rs 83,000 crore, November - Rs 80,808 crore and December - Rs 86,703 crore
The finance secretary felt that the "mere announcement" of the scheme will "revitalise" the healthcare sector in India. He said that the scheme will help create more hospitals and will create lot of employment for doctors and paramedical staff.