CGST

GST revenue collections rise to Rs 1.02 lakh crore in July

The total number of GSTR 3B Returns filed for the month of June up to 31st July, 2019 is 75.79 lakh.

Aug 02, 2019, 12:59 PM IST

GST Revenue collection for September crosses Rs 94,000 crore

The total revenue earned by central government after settlement in September is Rs 30,574 crore for CGST.

Oct 01, 2018, 13:18 PM IST

India's GST collection in May 2018 croses Rs 94000 Crores

India collected a Rs 94,016 crore in the form of goods and services tax (GST) in May 2018, up from the average collection of nearly Rs 90,000 crore per month in financial year of 2017-18. 

Jun 01, 2018, 14:14 PM IST

GST collections dip for second month in November to Rs 80,808 crore

Of the Rs 80,808 crore collected in November, Rs 7,798 crore has been garnered as compensation cess in November -- the fifth month of GST rollout.

Dec 26, 2017, 18:59 PM IST

GST mop-up, compliance unlikely to improve near-term: Report

There are around 9.6 million registered taxpayers under GST, including around 1.5 million of composition dealers, who are required to file taxes quarterly.

Nov 28, 2017, 16:52 PM IST

Merchant exporters send SOS to Finance Ministry, seeks timely refunds

Before the GST rollout, exporters had exemptions from Central and state taxes and now they want the same exemption continued against the electronic bond under the GST.

Sep 28, 2017, 18:20 PM IST

Industry, exporters bring up GST concerns at meet with FM Jaitley

The industry representatives also brought up compliance matters on which the finance minister invited suggestions to improve the GST implementation.

Sep 28, 2017, 15:13 PM IST

Tax collections under GST for July exceeds Rs 91,000 crore target: FM Jaitley

A total of Rs 92,283 crore tax has come in from first filing under GST, Finance Minister Arun Jaitley said on Tuesday.

Aug 29, 2017, 19:24 PM IST

Govt gets Rs 42,000 crore tax so far in first filing under GST

Under the GST regime, which was implemented from July 1, businesses are expected to file the monthly tax return.

Aug 21, 2017, 19:14 PM IST

Govt notifies timeline for filing of tax returns under GST

The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, had in June allowed businesses extended timeline for filing final GST returns in forms GSTR-1, GSTR-2 and GSTR-3 for July and August.

Aug 09, 2017, 13:49 PM IST

GSTN portal to be ready for invoice uploading from July 24

Under GST, which is a single tax in place of multiple central and state levies like excise, service tax and VAT, businesses are required to upload on GSTN portal invoices of their trade every month.

Jul 16, 2017, 15:49 PM IST

GST rollout: CGST won't apply on items not registered under trademark law

The finance ministry on Wednesday said that 5 percent CGST will not apply on products that are not registered under the Trade Marks Act.

Jul 05, 2017, 15:40 PM IST

Cabinet passed four GST bills including CGST, IGST and UTGST

Cabinet passed four GST bills including CGST, IGST and UTGST. Watch this special segment and get to know more here.

Mar 20, 2017, 20:47 PM IST

GST impact on inflation to be less than 0.20%: Nomura

The implementation of Goods and Services Tax (GST) is likely to be fiscally neutral and its impact on inflation is expected to be less than 20 basis points, says a Nomura report.

Mar 20, 2017, 14:51 PM IST

Centre, states broadly agree on CGST, IGST provisions

The GST Council at a meeting on Saturday broadly agreed on the contours of two key legislations - CGST and IGST - but a final approval is likely only by mid-March.

Mar 04, 2017, 15:54 PM IST

GST Council meet at Vigyan Bhawan begins; to finalize supporting legislations

The crucial Goods and Services Tax (GST) Council meet, headed by Finance Minister Arun Jaitley has commenced at Vigyan Bhavan with the agenda to get the council`s approval on iGST (integrated GST), cGST (central GST) and sGST (state GST) drafts before the second half of the budget session of Parliament that begins on March 9.

Mar 04, 2017, 12:35 PM IST

GST Bill to make peak tax rate 40%, slabs intact for now

The GST levy may go up to 40 percent after the GST Council proposed raising the peak rate in the Bill to 20 percent, from the current 14 percent, to obviate the need for approaching Parliament for any change in rates in future.

Mar 02, 2017, 15:18 PM IST

GST breakthrough: India's biggest tax reform

Passage of GST Constitution Amendment bill by the Indian Parliament is a sure shot “game-changer" and India’s biggest tax reform till date. It is a significant milestone in efforts to improve the country's ranking in World Bank's ease of doing business index.

Dec 13, 2016, 17:15 PM IST

Centre mulling to 'advance' Winter session for early GST roll out

In a bid to roll out the crucial Goods and Services Tax (GST) from April 1 next year, the Modi government is considering to prepone the Winter session of Parliament to pass the CGST and IGST bills, and pave way for implementation of the new sales tax regime.

Sep 18, 2016, 20:23 PM IST

Government may advance Parliament session to get GST laws approved

 Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance Winter Session of Parliament by a fortnight to get supporting legislations passed, leaving sufficient time for implementation of the new indirect tax regime.

Aug 28, 2016, 13:22 PM IST