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GST REFUNDS DECLINE
GST collections remain strong, but faster import growth needs watching: Tax expertsIndia's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in ta...
India's Gross GST collection ticks up 14.7% in September to Rs 2.04 lakh croreThe Indian government reported a 14.7% increase in GST collections for September 2023 compared to last year. Maharashtra topped the states ...
Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
Connaught Place restaurant charged Rs 80 extra as service fee without asking; GST was added on that charge too; CCPA orders it to pay Rs 10,000CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applyin...
Apple’s pricing gap takes a bite out of iPhone sales outlook in IndiaApple's new iPhone Duo pricing in India is significantly higher than in other markets. Retailers fear this price difference will encourage ...
India's gross GST revenue up 14.8% on year to nearly Rs 2 lakh crore in AugustIndia’s gross GST revenue rose 14.8% year-on-year to Rs 1.99 lakh crore in August 2026, up from Rs 1.74 lakh crore a year earlier. However,...
India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in JulyIndia's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely d...
Operationalising GST refunds for foreign tourists to promote retail exports: FIEOExporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also ...
India’s GST collections rise 6.2% to ₹1.93 lakh crore in JanuaryIndia’s goods and services tax (GST) collections reached ₹1,93,384 crore in January, up 6.2% from the same month last year, the government ...
India’s GST collections rise 6% to ₹1.75 lakh crore in DecemberIndia’s goods and services tax (GST) collections reached ₹1.75 lakh crore ($19.45 billion) in December, up 6.1% from the same month last ye...
India's gross GST collection in November tad up on year at Rs 1.70 lakh cr after sweeping tax cutsIndia’s GST collections in November 2025 rose marginally to ₹1.70 lakh crore, up 0.7% year-on-year, with year-to-date collections growing 8...
GST collection rises 8.5 pc to Rs 1.82 lk cr in NovemberGST collection increased to Rs 1.82 lakh crore in November, an 8.5 per cent rise from the previous year. Central GST was Rs 34,141 crore, S...
GST collection has shown buoyancy and remarkable growth: ExpertsIndia's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overal...
Make GST input tax credit claims online: Suresh PrabhuPrabhu, along with commerce and revenue department officials, met exporters to discuss the problems faced by the sector.
CBIC to take up import duty hike demands“The domestic industry has said it needs protection. We are looking into all the proposals that have come in,” CBIC chairman S Ramesh said.
Government considering more concessions to exportersThe carpet industry had demanded the duty to be brought down from the existing 12% to 5% to make Indian carpets competitive internationally.
GST regime more primitive than VAT: Amit MitraAccording to him, the problem lies in the refund delivery mechanism because of "manual" processing of refund application and the system bec...
Exporters relieved as government moves to lower GST burdenIn a relief to exporters, it was announced that returns for the month of July and August will be refunded through cheques from October 10 a...
Exporters may seek exemption on tax paymentExporters are likely to raise the issues of working capital and refunds which will be ploughed back into their business and the loss of int...
GST glitches may hit pricing, new orders: ExportersIndia exports close to Rs 10,000 crore of handmade carpets each year. The apparel sector too is feeling the stress, especially because of t...