GST collections grow 15 pc to Rs 1.49 lakh cr in DecemberThe gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST ...
GST collection for November stands at Rs 1,45,867 crore, surges 11% YoY"The government has settled ₹33,997 crore to CGST and ₹28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre an...
SC seeks Centre's response on pleas seeking setting up of GST TribunalSenior advocate Arvind Datar, appearing in the matter, said that in the plea of the Revenue Bar Association, apart from setting up the trib...
August GST revenue collection up 28% YoY at Rs 1.44 lakh crThe gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministr...
GST collections for August at Rs 1.12 lakh croreEven as compared to the August revenues in 2019-20 of Rs 98,202 crore, this is a growth of 14%. The collections are for the supplies made i...
Government collects Rs 1.12 lakh crore GST for AugustTotal CGST collected is Rs 20,522 crore, SGST Rs 26,605 crore, IGST Rs 56,247 crore (including Rs 26,884 crore collected on import of goods...
GST collection jumps to Rs 1.13 lakh crore in April, the highest since its rolloutThe GST collections in April jumped to its highest level of Rs 1,13,865 crore since its roll out in 2017.
Businesses can use IGST credit to settle centre, state tax dues: CBICThe CBIC has now clarified that the IGST credit can be used in payment of CGST or SGST in any order or proportion.
GST Council to finalise supplementary legislations tomorrowThe Council meeting is scheduled for two days -- March 4 and 5 -- but it may not stretch beyond tomorrow if all issues get resolved.
GST Council to discuss crucial issue of dual control on FridayDay one of the two-day Council meet ended on Thursday with no discussion on dual control but discussed the GST bills, the source added.
Finance ministry warns tax officials of action against GST protestThe revenue department on October 10 issued an order asking officials not to go on any protest and cited service rules that bar such action.
State finance ministers to meet on November 20 to discuss draft GST lawsState FMs are scheduled to meet on November 20 to discuss the model Goods and Services Tax law as well as the integrated-GST or iGST legisl...
Government drafting model legislations for GST implementation: CBECThe CGST would be a Central law, the states would have to pass the their own legislation which will based on the model legislation.
Centre against low GST threshold; wants a fresh lookThe GST Constitutional Amendment Bill, which was introduced in 2011, had lapsed and the NDA will be required to come up with a fresh bill.
GST discussion paper: A first step towards ensuring clarityDiscussion paper sets out the background and the context for the introduction of GST, the nature of dual GST and an annexure on answers to ...
- Centre likely to accept demand for 2-tier GST
Centre is likely to back the two-tier duty structure suggested by states for the proposed goods & services tax.
The Gordian knot of GSTCentre has applied the principle of keeping same base for CGST for goods, but it has not applied the same for services in SGST.