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SGST COLLECTIONS
Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
India's GST collections rise 8.2% to Rs 1.78 lakh crore in MarchIndia's Goods and Services Tax (GST) collection surged to Rs 1.78 lakh crore in March 2026, marking an 8.2% increase from the previous mont...
SGST collections in first half: Karnataka, TN & Gujarat race together as Maha retains its leadTamil Nadu and Gujarat have both netted over Rs 22,000 crore in state GST collections from April 2024, with Karnataka showing a 9.7% growth...
India's GST collections up 10% y/y to Rs 1.63 lakh crore in SeptemberIndia's goods and services tax (GST) collections reached Rs 1.63 lakh crore in September, a 10% increase compared to the same period last y...
GST revenue collection for May up 12% YoY at Rs 1.57 lakh croreGross GST revenue collection in the month of May stood at Rs 1,57,090 crore, registering a rise of 12 per cent on a year-on-year basis. Wit...
GST has not boosted states' tax collections: Ind RaFrom June this year, the Centre will stop giving states any compensation for tax collection shortfall. GST compensation for a five-year per...
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...
Maharashtra GST collections see 11.6% dip in pandemic yearMaharashtra is set to end the Covid-impacted financial year with Goods and Services Tax (GST) collections lower by 11.6% in comparison to t...
GST mop-up in July at Rs 87,422 crore, slips from June collections"During the previous month, a large number of taxpayers also paid taxes pertaining to February, March and April 2020 on account of the reli...
GST collections have grown 4.9 % Y-o-Y: RBI Monetary PolicyAccording to the Central Bank, the share of SGST collections in total GST revenue has been higher than CGST, attributable to the adjustment...
GST collection for November drops to Rs 97,637 croreOf the total GST collection, CGST is Rs. 16,812 crore, SGST is Rs. 23,070 crore, IGST is Rs. 49,726 crore.
September GST collection stands at Rs 94,442 crore against Rs 93,690 crore in AugustOf this, CGST is Rs 15,318 crore, SGST is Rs 21,061 crore, IGST is Rs 50,070 crore and cess collections are Rs. 7,993 crore.
One year on, GST offers cheer; but poll may throw a spannerThe budgeted GST run rate is estimated around Rs 104k crore per month.
August GST mop-up slips to Rs 90,669 croreA total of 68.2 lakh tax payers were required to file returns for August 2017, of which, as on 25th September, 37.63 lakh have filed GSTR 3...
- Implementing a destination-based GST could be complex
Implementing a destination-based GST could be complex, without perfect coordination between the Centre and the states and among the states.
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.