GST 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 IST
GST collections in June up 56% to Rs 1.44 lakh crore in June
Sitharaman said Rs 1.4 lakh crore is the "rough bottom line" now for GST collections.
Jul 01, 2022, 15:25 PM IST
GST revenues hike 44% y-o-y to nearly Rs 1.41 lakh crore in May 2022
GST revenue increased by 44 per cent increase year-on-year to nearly Rs 1.41 lakh crore.
Jun 01, 2022, 15:14 PM IST
Budget 2022: GST collections in Jan 2022 at Rs 1,40,986 crores highest since GST’s inception
Sitharaman said that the gross GST collections for the month of January 2022 at Rs 1,40,986 crores are the highest since the inception of GST.
Feb 01, 2022, 12:48 PM IST
GST 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 IST
GST collection tops Rs 1 lakh crore for 2nd straight month in August
In August, GST collections topped Rs 1 lakh crore for the second straight month, signalling a swift economic recovery.
Sep 01, 2021, 15:34 PM IST
GST collections at record-high of over Rs 1.15 lakh crore in December 2020
The Finance Ministry said that the continued rise in the GST mop-up, which has crossed the psychological Rs 1 lakh crore-mark for the third straight month in the current fiscal, is due to the combined effect of rapid economic recovery post-pandemic and the drive against GST evaders.
Jan 01, 2021, 16:19 PM IST
Centre gives two options to states on GST compensation, says GST collection impacted due to COVID-19
Finance Secretary said, "Attorney-General said that GST compensation has to be paid for a transition period- from July 2017 to June 2022. Revenue has to be protected compensation gap to be met from cess fund, which in turn has to be funded from levy of cess."
Aug 27, 2020, 18:57 PM IST
GST collections for December 2019 rise by 16% year-on-year to Rs 1.03 lakh crore
The IGST collected from imports, the total revenue during December 2019, increased by 9 per cent in comparison to the revenue during December 2018.
Jan 01, 2020, 20:34 PM IST
GST collection records Rs 1.06 lakh cr in March
Total number of summary sales return GSTR-3B filed for the month of February up to March 31, stood at 75.95 lakh.
Apr 01, 2019, 14:55 PM IST
GST collection drops to Rs 97,247 crore in February
The number of sales return or GSTR-3B filed for the month of January up to February 28, 2019 is 73.48 lakh.
Mar 01, 2019, 16:59 PM IST
GST collection dips marginally in January to Rs 86,318 crore
FinMin said that 1.03 crore taxpayers have been registered under GST till Feb 25, of which 17.65 lakh are composition dealers who are required to file returns every quarter.
Feb 27, 2018, 18:17 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
12%, 18% GST rates to be merged; 28% on luxury, sin goods: Arun Jaitley
Finance Minister Arun Jaitley said a single rate GST is possible only in countries which have similarly placed population and in a highly differentiated society like India it would have been inflationary.
Nov 30, 2017, 20:51 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
India eyes spending cuts as glitches in GST hit revenue
Tax receipts were about USD 7.8 billion in July - a little over half the monthly target - mostly because millions of firms failed to comply with the new Goods and Services Tax (GST) system that harmonises all state and central sales taxes but is still a work in progress.
Sep 18, 2017, 18:44 PM IST
'GDP growth to slow down to 6% in Q1, better to track GVA'
Explaining the lower GDP growth as against the GVA growth, HSBC said a large subsidy outgo will likely depress the net indirect taxes (NIT) growth which will result in slower GDP.
Aug 30, 2017, 16:31 PM IST
