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 IST
Hyderabad 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 IST
GST 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 IST
GST 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 IST
GST 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 IST
GST 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 IST
GST 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 IST
Govt releases Rs 30,000 cr to states as GST compensation
The total amount of GST compensation released so far this fiscal ending March 31 is Rs 70,000 crore. This is over and above the Rs 1.10 lakh crore released to states under the special borrowing mechanism to compensate them for shortfall in the Goods and Services Tax (GST) collection this financial year.
Mar 30, 2021, 22:39 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 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
GST 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 IST
GST 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 IST
GST 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
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 revenue collection at Rs 98,202 crore in August
The total number of GSTR 3B Returns filed for the month of Julyup to 31st August, 2019 is 75.80 lakh.
Sep 02, 2019, 12:41 PM IST
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
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
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
