CEO Prakash Kumar shared that 1.21 crore taxpayers have been registered and 57.12 crore e-way bills generated so far by the Goods and Services Tax Network (GSTN).Kumar added that said nearly 500 crore invoices have been uploaded on GSTN portal till now and 25.21 crore tax returns have been processed till date. The maximum number of returns filed per day is 18 lakh.
GST is billed as the biggest indirect tax reform which came into effect from July 1, 2017, and replaced multiple flowing taxes levied by the central and state governments. GSTN was set up primarily to provide IT infrastructure and services to the central and state governments, taxpayers and other stakeholders for the implementation of GST.The portal is accessible to tax authorities for tracking down every transaction, while taxpayers have the ability to connect for their tax returns.
