GST Collection For May At Rs 1.73 Lakh Crore, Up 10% YoY
or the FY 2024-25 till May, the CGST was Rs 76,255 crore; SGST was Rs 93,804 crore; IGST Rs 1,87,404 crore, and Cess was Rs 25,544 crore.
Jun 01, 2024, 21:06 PM ISTHyderabad Restaurant Fined Rs 5K For Denying Free Drinking Water
The complaint was lodged by a resident of Secunderabad, who recounted a distressing experience at the ITLU restaurant in CBI colony.
Apr 10, 2024, 13:57 PM ISTGST Collections Rise 3% In June To Rs 1,61,497 Crore
The revenues for the month of June are 12 percent higher than the GST revenues in the same month last year.
Jul 01, 2023, 15:49 PM ISTGST collections in July second highest ever, rise 28% year-on-year to Rs 1.49 lakh crore
In June 2022, total GST collections were at Rs 1.44 lakh crore.
Aug 01, 2022, 13:59 PM ISTGST collection touches all-time high in April at Rs 1.68 lakh crore
The gross GST collection has crossed the Rs 1.5 lakh crore-mark for the first time in April 2022.
May 01, 2022, 15:19 PM ISTGST collection in November tops Rs 1.30 lakh crore, 2nd highest since roll out
GST collection in November stood at Rs 1.31 lakh crore, indicating economy recovery.
Dec 01, 2021, 17:43 PM ISTGST Fraud: Officers unearth Rs 34 crore input tax credit fraud involving 7 firms
CGST officials have unearthed a fraud of utilization and passing on of inadmissible input tax credit (ITC) through bogus GST invoices without actual movement of goods of Rs 34 crore.
Nov 14, 2021, 17:48 PM ISTGST collection remains over Rs 1.17 lakh crore in September, tops Rs 1 lakh crore for 3rd straight month
GST collections for the month of September 2021 remained above the Rs 1-lakh-crore mark for third straight month.
Oct 01, 2021, 12:48 PM ISTGST collections remain below Rs 1 lakh crore for first time in June
This Rs 1 lakh crore drop in GST collection came after 8 months of continuously posting the collection above Rs 1 lakh crore mark.
Jul 06, 2021, 15:55 PM ISTGST mop-up tops Rs 1.02 lakh crore in May, 65% higher compared to 2020
In addition, while the taxpayers with turnover above Rs 5 crore had to file their returns by June 4, which they would have otherwise filed by May 20, smaller taxpayers with turnover less than Rs 5 crore still have time till first week of July to file the returns without any late fee and interest, and the revenue from these taxpayers is deferred till then.
Jun 05, 2021, 18:38 PM ISTGST Council leaves tax rate on COVID-19 vaccines unchanged
The GST Council, which is headed by the Union Finance Minister and comprises representatives of all states and union territories, exempted levy of I-GST on import of Amphotericin-B, which is used for the treatment of black fungus. Currently, vaccines attract 5 percent GST.
May 28, 2021, 21:16 PM ISTGST revenue hits all-time high of Rs 1.41 lakh crore in April, goes more than Rs 1 lakh crore for 7th time
The gross GST revenue collected in the month of April 2021 is at a record high of Rs 1,41,384 crore, of which CGST is Rs 27,837 crore, SGST Rs 35,621 crore, IGST Rs 68,481 crore (including Rs 29,599 crore collected on import of goods) and cess Rs 9,445 crore (including Rs 981 crore collected on import of goods).
May 01, 2021, 15:34 PM ISTSC to hear plea seeking GST exemption on COVID-19 related drugs, medical equipment
The intervention application has been filed by an NGO, 'Public Policy Advocates', in the pending suo motu case by the apex court on the distribution of essential supplies and services during the pandemic.
Apr 30, 2021, 06:48 AM ISTOne held in Delhi for input tax credit fraud of Rs 50.03 crore
The arrested person named Vishal started the GST fraud by the creation of a fictitious firm in his own name which he got registered at his residence. He was produced before the Duty Magistrate on Sunday who remanded him to judicial custody of 14 days till March 13.
Feb 28, 2021, 13:33 PM IST
GST revenue collection at all-time high in January 2021, stands at Rs 1.19 lakh crore: Ministry of Finance
The Finance Ministry informed that the total number of GSTR-3B Returns filed for the month of December up to January 31 was recorded at 90 lakhs. The Finance Ministry said that the government has settled Rs 24,531 crore to CGST and Rs 19,371 crore to SGST from IGST as regular settlement.
Feb 01, 2021, 00:07 AM ISTCGST Delhi arrests one for availing fake input tax credit of over Rs 82 crore
The accused was arrested under Section 69(1) of the CGST Act, 2017.
Jan 18, 2021, 16:15 PM ISTGST revenue collection for August stands at Rs 86,449 crore: Finance Ministry
The gross GST revenue collected in August 2019 stood at Rs 98,202 crore.
Sep 01, 2020, 20:44 PM ISTGST collections stand at Rs 87,422 crore in July 2020 as against Rs 1,02,082 crore in July 2019
The government has also settled Rs 23,320 crore to CGST and Rs 18,838 crore to SGST from IGST as regular settlement.
Aug 02, 2020, 00:20 AM ISTCBIC launches e-Office application in CGST, customs offices across India
The e-Office application is developed by the NIC and is supported by the Department of Administrative Reforms and Public Grievances (DARPG).
Jun 15, 2020, 17:46 PM ISTGST collection up 8% year-on-year to Rs 1.10 lakh crore in January, signals recovery
The higher number is good news for the government which is facing serious revenue shortfall. The higher collection in the month of January is, however, on expected lines given the past trends.
Feb 01, 2020, 10:04 AM IST