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GST - India

₹149577 crore gross GST revenue collected in February 2023 – 12% higher YoY

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₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year Monthly GST revenues more than Rs 1.4 lakh crore for 12 straight months in a rowY-o-Y...
GST - India

Rs. 149507 crore GST Revenue collected for December 2022 – West Bengal Booked 24%...

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Rs 1,49,507 crore GST Revenue collected for December 2022, records increase of 15% Year-on-Year Monthly GST revenues more than Rs 1.4 lakh crore for 10 straight months in a row By PIB Delhi The gross GST revenue...
GST - India

Centre releases Rs. 17000 crore of GST compensation to States/UTs

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Centre releases Rs. 17,000 crore of GST compensation to States/UTs By PIB Delhi The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April...
GST - India

Monthly GST revenues more than ₹ 1.4 lakh crore for seven months in a...

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₹1,47,686 crore gross GST revenue collected in the month of September 2022Monthly GST revenues more than ₹ 1.4 lakh crore for seven months in a rowRevenues for the month of September 2022 are 26%...
GST - India

Highest ever GST collection at Rs 1.68 lakh Cr for April 2022

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GST Revenue collection for April 2022 highest ever at Rs 1.68 lakh croreGross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095...
Fake GST Bill

DGGI Officials bust network involving fake invoices worth more than Rs 4500 crore –...

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DGGI Officials bust network involving fake invoices worth more than Rs 4,500 crore; 1 held By PIB Delhi Recently a case was booked by DGGI against some fake firms, which were found nonexistent at their principal...
GST - India

Merchants’ Chamber of Commerce & Industry organized a special E-Session on Recent Judicial Review and...

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Merchants' Chamber of Commerce & Industry organised a special E-Session on Recent Judicial Review and Selected Special Topics in GST with Shri V. Sridharan, Former Founder, Lakshmikumaran & Sridharan Attorneys on January 14, 2021 at 4 p.m. on...
GST - India

Rs 1,29,780 crore gross GST Revenue collection for December 2021

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Rs 1,29,780 crore gross GST Revenue collection for December 2021 By PIB Delhi The gross GST revenue collected in the month of December 2021 is Rs 1,29,780 crore of which CGST is Rs 22,578 crore, SGST...
GST - India

Centre releases Rs. 17,000 crore as GST Compensation to States/UTs – West Bengal gets...

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Centre releases Rs. 17,000 crore as GST Compensation to States/UTs By PIB Delhi The Central Government has released GST Compensation of Rs. 17,000 crore to States today. The total amount of compensation released to the States/UTs...
GST - India

৪০ হাজার কোটি টাকা জিএসটি ক্ষতি পূরণ বাবদ ঘাটতি মেটাতে দিয়েছে ভারত সরকার

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৪০ হাজার কোটি টাকা জিএসটি ক্ষতি পূরণ বাবদ ঘাটতি মেটাতে দিয়েছে ভারত সরকার জিএসটি ক্ষতি পূরণ বাবদ ঘাটতি মেটাতে কেন্দ্রীয় সরকার রাজ্য/বিধানসভা রয়েছে এমন কেন্দ্রশাসিত অঞ্চলগুলিকে ৪০ হাজার কোটি টাকা দিয়েছে চলতি বছরে জিএসটি ক্ষতি পূরণ...
GST - India

GST Revenue collection for September 2021 – West Bengal registered 11% growth in revenue

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GST Revenue collection for September 2021₹ 1,17,010 crore gross GST revenue collected in the month of September 2021 By PIB Delhi The gross GST revenue collected in the month of September 2021 is₹ 1,17,010 crore of which...
GST - India

Recommendations of 45th GST Council Meeting

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Recommendations of 45th GST Council MeetingSeveral people centric decisions taken by GST Council By PIB Delhi Life-saving drugs Zolgensma and Viltepso used in treatment of Spinal-Muscular Atrophy exempted from GST when imported for personal useExtension of...
GST - India

₹ 75000 crore released to States and UTs with Legislature as GST Compensation shortfall

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₹ 75,000 crore released to States and UTs with Legislature as GST Compensation shortfallAlmost 50 % of the total shortfall for the entire year released in a single instalment By PIB Delhi Ministry of Finance has...
GST - India

জিএসটি পরিষদের ৪৪তম বৈঠকে গৃহীত সুপারিশ – চিকিৎসা সংক্রান্ত কাজে ব্যবহৃত বিভিন্ন সামগ্রীর জিএসটি...

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জিএসটি পরিষদের ৪৪তম বৈঠকে গৃহীত সুপারিশকোভিড – ১৯ এর চিকিৎসা সংক্রান্ত কাজে ব্যবহৃত বিভিন্ন সামগ্রীর জিএসটি হারে পরিবর্তন By PIB Kolkata নতুন দিল্লি, ১২ই জুন, ২০২১ কেন্দ্রীয় অর্থ ও কর্পোরেট বিষয়ক মন্ত্রী শ্রীমতী নির্মলা সীতারমণের পৌরোহিত্যে জিএসটি...
Computer-motherboard

Nineteen companies filed their applications under the PLI scheme for IT Hardware

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Nineteen companies filed their applications under the PLI scheme for IT HardwareThe has been huge success in terms of applications received from Global as well as Domestic companies - says Shri Ravi Shanakr Prasad...
GST - India

Taxpayers are free to utilize the Input Tax Credit of GST as permissible by...

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Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their GST due for March month By PIB Delhi Unconfirmed reports have appeared in certain sections of...
GST - India

CGST Commissionerate Delhi officials arrest man for input tax credit fraud of Rs 50.03...

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CGST Commissionerate Delhi officials arrest man for input tax credit fraud of Rs 50.03 crore By PIB Delhi The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious...
GST - India

GST compensation shortfall released to States reaches Rs. 1 lakh crore

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GST compensation shortfall released to States reaches Rs. 1 lakh crore17th Instalment of Rs. 5,000 crore released to the States on Friday, 19th February, 2021.91 percent of the estimated shortfall released. By PIB Delhi The Ministry...
GST - India

GST Revenue collection for January 2021 almost touches ₹1.20 lakh crore

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GST Revenue collection for January 2021 almost touches ₹1.20 lakh crore By PIB Delhi The gross GST revenue collected in the month of January 2021till 6PM on 31.01.2021 is ₹ 1,19,847 crore of which CGST is ₹ 21,923 crore,...
GST - India

Valuation under GST still paving the way for litigations

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Valuation under GST still paving way to litigations "Levy of any taxes creating cascading and for which no credit is available should be scrapped", said Mr. Bimal Jain at a Webinar on Valuation of Goods...

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