• 29 Mar 2022 07:05 PM
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GST Rating in Kerala: Tax Payer Card- Logic Document

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Evaluation Areas and Factors:

The rating is applied only on Tax Payers having annual turnover above 1.5 Cr under Regular Tax Payer Category.

Period of Data Used for calculation: The data used for calculation is from July 2017 till 01.10.2021 (which will be updated on quarterly basis).

Tax Payer Card- Logic Document

The rating is applied only on Tax Payers having annual turnover above 1.5 Cr under Regular Tax Payer Category.

Period of Data Used for calculation: The data used for calculation is from July 2017 till 01.10.2021 (which will be updated on quarterly basis).

1. Timely Filing of Returns:

In this factor wo are trying to rank the tax payers based on their action towards timely filing of returns viz GSTR3B and GSTR 1 based on statutory due dates.

Ranking of the factors:

Return100755025100
GSTR 3BBefore due dateDue date to Within 10 daysBetween 10 days to 1 monthBetween 1 month to 3 month3 month and moreDefaulter Not filed
GSTR 1Before due dateDue date to Within 10 daysBetween 10 days to 1 monthBetween 1 month to 3 month3 month and moreDefaulter Not filed

Weightage: 30% (GSTR3B) + 20%.(GSTR1)

Total Score = GSTR3B + GSTR1 , maximum value will be 50.

(For more information on filing table pts met gst.gov.in Search Tax Payer option)

2. Filing of Annual Return

In this factor we are trying to rank the tax payers based on their action towards Ming of Annual returns (GSTR 9).

Ranking of the factors:

SCORING CRITERIA
Return100755025100
GSTR 9Before due dateDue date to Within 10 daysBetween 10 days to 1 monthBetween 1 month to 3 month3 month and moreDefaulter Not filed

Total Score : Maximum 20 marks for filing of GSTR9 of all financial years.

(For more information on filing table pls visit gst.gov.in Search tax Payer option)

Note: The scoring of normal taxpayers below 2 CR turnovers is calculated based on scores in timely filing and accurate Ring.

3. Accurate Filing of Monthly Returns:

In this factor we are ranking the performance of the tax payer based on accuracy of declarations made in the GSTR 3B filed with respect to GSTR I / eWay Bill / GSTR 7. To rank this we have considered the percentage of variation with figures in GSTR 3B.

Ranking of the factors:

SCORING CRITERIA
Return100907550Under 500
OTP as per GSTR 3B v/s GSTR 1 / e Way-Bill / GSTR/Nil DifferenceDiff within 5% of total valueDiff within 5% to 10% of total valueDiff in between 10% and 25% of total valueDiff in between 25% and 50% of total valueDiff above 50%

Weightage: 30%

Total Score = Maximum value will be 30

Note:

If GSTR-7 or e-Way is not filed for corresponding Taxpayer, the scores from other parameters are considered.