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GST collections touch Rs 1.55 lakh crore in January 2023

GST collections touch Rs 1.55 lakh crore in January 2023

🕔07:04, 1.Feb 2023

New Delhi, Feb 01 (IANS) Goods and Services Tax (GST) collections for January 2023 stood at Rs 1,55,922 crore, 4 per cent higher than Rs 1,49,507 crore collected in December 2022. January’s collections are second only to Rs 1.68 lakh crore

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Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

🕔19:43, 1.Jan 2023

New Delhi, Jan 1 (IANS) The GST collections for December 2022 stood at Rs 1,49,507 crore — 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday. However, on

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Ludhiana division tops GST collection in Punjab

Ludhiana division tops GST collection in Punjab

🕔07:07, 26.Dec 2022

Chandigarh, Dec 26 (IANS) Maintaining its top position in the collection of Goods and Services Tax (GST) in Punjab, the Ludhiana division leads in both collection and growth rate in the first eight months of this fiscal, the government said on

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GST Council recommends to decriminalise certain offences

GST Council recommends to decriminalise certain offences

🕔17:19, 17.Dec 2022

New Delhi, Dec 17 (IANS) The GST Council on Saturday recommended decriminalising certain offences and doubled the threshold for launching prosecution from Rs one crore to Rs two crore, except for the offence of issuance of invoices without supply of goods

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GST Council to allow e-commerce for unregistered vendors

GST Council to allow e-commerce for unregistered vendors

🕔17:15, 17.Dec 2022

New Delhi, Dec 17 (IANS) The GST Council approved the amendments in the GST Act and GST Rules for allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs), subject to certain conditions. Appreciating wholeheartedly

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Centre committed to paying GST compensation, says Finance Minister

Centre committed to paying GST compensation, says Finance Minister

🕔07:18, 13.Dec 2022

New Delhi, Dec 13 (IANS) Finance Minister Nirmala Sitharaman on Monday assured the Parliament that the government is committed to paying GST compensation to states. Replying to a slew of questions by MPs cutting across party lines during Question Hour in

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Government releases Rs 17,000 crore GST compensation to states

Government releases Rs 17,000 crore GST compensation to states

🕔18:52, 25.Nov 2022

New Delhi, Nov 25 (IANS) Government has released Rs 17,000 crore towards the balance GST compensation for April-June period of the current fiscal. The total amount of compensation released to the states so far, including the aforesaid amount, during 2022-23 is

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Odisha records 5% growth in gross GST collection in Oct

Odisha records 5% growth in gross GST collection in Oct

🕔20:44, 2.Nov 2022

Bhubaneswar, Nov 2 (IANS) Odisha has recorded a growth of 5 per cent in collection of gross Goods and Services Tax (GST) during the month of October 2022 against the collection in October 2021. According to official data released by the

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GST panel extends deadline for filing GSTR-3B return till today

GST panel extends deadline for filing GSTR-3B return till today

🕔18:38, 21.Oct 2022

New Delhi, Oct 21 (IANS) The GST Implementation Committee of the GST Council has extended the due date of filing GSTR-3B return for the month of September for monthly filers by a day. The earlier due date was October 20, which

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Record Rs 1,47,686cr gross GST revenue collected in Sep

Record Rs 1,47,686cr gross GST revenue collected in Sep

🕔17:18, 1.Oct 2022

New Delhi, Oct 1 (IANS) The gross GST revenue collected in the month of September 2022 is Rs 1,47,686 crore which is nearly 26 per cent higher than the GST revenue in the same month last year. As per the Ministry

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Oct 1 deadline for compulsory e-invoice generation nears for firms with Rs 10 cr turnover

Oct 1 deadline for compulsory e-invoice generation nears for firms with Rs 10 cr turnover

🕔17:28, 26.Sep 2022

New Delhi, Sep 26 (IANS) Businesses having aggregate annual turnover of Rs 10 crore and more will have to compulsorily generate e-invoices for business-to-business (B2B) transactions from October 1 onwards, according to the Finance Ministry. As of now, businesses with turnover

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Odisha registers 17% growth in gross GST collection in Aug

Odisha registers 17% growth in gross GST collection in Aug

🕔07:15, 3.Sep 2022

Bhubaneswar, Sep 3 (IANS) The gross GST collection in Odisha has recorded 17.11 per cent growth in August 2022 against the collection made during August last year, officials said here on Friday. According to the data shared by the office of

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GST collection rises 28% in August: Here’s what experts say

GST collection rises 28% in August: Here’s what experts say

🕔17:46, 1.Sep 2022

Mumbai, Sep 1 (IANS) Goods and Services Tax (GST) collection in August rose 28 per cent to Rs 1.43 lakh crore, with monthly GST revenue remaining more than Rs 1.4 lakh crore for six months in a row, the Finance Ministry

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GST collections stood at Rs 1,43,612 cr in Aug

GST collections stood at Rs 1,43,612 cr in Aug

🕔14:43, 1.Sep 2022

New Delhi, Sep 1 (IANS) The gross GST revenue collections in August witnessed a 28 per cent jump year-on-year basis, as they stood at Rs 1,43,612 crore during the month. According to figures released by Finance Ministry on Thursday, GST collections

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‘India’s growth for 2022-23 to be strongest among largest economies’

‘India’s growth for 2022-23 to be strongest among largest economies’

🕔11:21, 11.Aug 2022

Over 2022-23, Indias growth will average 7 per cent, the strongest among the largest economies, contributing 28 per cent and 22 per cent to Asian and global growth, respectively, Morgan Stanley said in a report. New Delhi, Aug 10 Over

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GST collection in July second highest ever

GST collection in July second highest ever

🕔18:27, 1.Aug 2022

New Delhi, Aug 1 (IANS) GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher than the GST revenues recorded in the same month last year of

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GoM on GST Appellate Tribunal set up

GoM on GST Appellate Tribunal set up

🕔05:40, 12.Jul 2022

New Delhi, July 12 (IANS) The Goods and Services Tax (GST) Council has set up a six-member group of ministers (GoM) to recommend necessary amendments required in the GST laws and other legal changes for setting up the GST Appellate Tribunal

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GST collections for May at Rs 1.4 lakh cr, up 44% YoY

GST collections for May at Rs 1.4 lakh cr, up 44% YoY

🕔15:11, 1.Jun 2022

The gross revenue from Goods and Service Tax (GST) in the month of May came in at Rs 140,885 crore, data showed on Wednesday. New Delhi, June 1 (IANS) The gross revenue from Goods and Service Tax (GST) in the month

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GST collection touches all-time high in April at Rs 1.68 lakh cr

GST collection touches all-time high in April at Rs 1.68 lakh cr

🕔19:33, 1.May 2022

New Delhi, May 1 (IANS) The monthly collection under the Goods and Services Tax (GST) has touched a record high of Rs 1.68 lakh crore in April 2022, data showed. The gross GST collection has crossed the Rs 1.5 lakh crore-mark

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Odisha registers 49% growth in gross GST collection in 2021-22

Odisha registers 49% growth in gross GST collection in 2021-22

🕔07:24, 4.Apr 2022

The gross GST collection in Odisha has recorded a 49 per cent growth during the financial year 2021-22 against the collection made during the previous financial year (2020-21), officials said here on Saturday. Bhubaneswar, April 4 (IANS) The gross GST collection

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