About 16% of assessees do not file monthly returns, shows Govt data

On an average nearly 16 per cent of Goods and Services Tax (GST) return assessees are non-filers of monthly returns, while in the composition scheme, one out of every five assessees is a non-filer. According to data made available to the Lok Sabha by the government on Friday, August 2017 was the best among the 17 months of GST when non-filers’ percentage was less than 7.5 per cent. The percentage…