Gst Collection

Friday, Apr 26, 2024 | Last Update : 05:10 AM IST

Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said. (ANI)

GST collection rises 28 pc in August to Rs 1.43 lakh cr

The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore collected in Aug 2021

01 Sep 2022 1:13 PM

The GST collection in most industrialised states has witnessed double-digit growth, hinting that consumption has resumed. (ANI)

AA Edit | Economy on the upswing?

The only concern for the economic policymakers is dealing with inflation, which has been stoked by global supply-side issues

03 May 2022 7:33 AM

Moody's Investors Service on Thursday raised India's growth forecast to 9.5 per cent for the calendar year 2022 and to 8.4 per cent for the coming fiscal beginning April 1. (Representational Photo:PTI)

Moody's ups India's growth forecast to 9.5% for 2022; flags high oil prices

Moody's said Goods and Services Tax (GST) collection, retail activity and Purchasing Managers' Index (PMI) suggest 'solid momentum'

24 Feb 2022 10:49 PM

As per the release, the recent trend of high GST revenues has been a result of various policy and administrative measures that have been taken in the past to improve compliance. (DC File Image)

GST collected in November, 2021 second highest since its implementation

As per the data shared, the highest amount of tax is collected from Maha (Rs 18656 cr), then Gujarat (Rs 9569 cr) and Karnataka (Rs 9048 cr)

01 Dec 2021 5:00 PM

GST collection had remained above the Rs 1 lakh crore mark for eight months in a row and was Rs 1.02 lakh crore in May. (ANI File)

GST revenue slips below Rs 1 lakh cr in June, hits 10-mth low of Rs 92,849 crore

The GST collections in June 2021 are primarily for supplies made in May, a month when most states were under different levels of lockdown

06 Jul 2021 5:45 PM

The total number of GSTR 3B returns (summary of self-assessed return) filed for the month of September (up to October 30) was 73.83 lakh.

GST collections remain subdued at Rs 95,380 cr in October

The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.

01 Nov 2019 3:52 PM

Debroy also said GST collection has been revenue negative so far instead of being revenue neutral.

Wrong to say India on 5 pc growth trajectory: Bibek Debroy

The GDP growth in the April-June quarter of the 2019- 20 fiscal was 5 per cent, according to government data.

20 Sep 2019 2:10 PM

Total gross GST revenue collected in March, 2019 is Rs 1,06,577 crore of which Central GST is Rs 20,353 crore.

GST collection records Rs 1.06 lakh cr in March

For fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.

01 Apr 2019 2:49 PM

RBI has also asked banks keep their branches open on March 31, so that all govt transactions for financial year 2018-19 are accounted for within the same financial year. (Photo: PTI)

Income tax, GST offices to remain open on Mar 30, 31 to ease year-end collection

GST collections in the current fiscal till February totalled Rs 10.70 lakh crore.

30 Mar 2019 1:52 PM

Currently, the GST is levied at 12 pc with input tax credit (ITC) on payments made for under-construction property.

GST Council to consider implementation of lower GST rates for realty sector

GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.

18 Mar 2019 2:44 PM

IOC had in December declared Rs 6.75 per share interim dividend alongside a Rs 4,435 crore share buyback to help the government meet its revenue targets. (Photo: AP)

Facing revenue shortfall, Govt pushes IOC, ONGC to pay 2nd interim dividend

IOC has called a board meeting on March 19 to consider paying a second interim dividend, ONGC has declined.

14 Mar 2019 9:01 AM

Third time in current fiscal that revenues from Goods and Services Tax (GST) have crossed Rs 1 lakh crore.

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

02 Feb 2019 2:55 PM

In the nine months (April-December) of the current fiscal, the government has mopped up over Rs 8.71 lakh crore from GST.

GST collection falls below Rs 95,000 crore in December

The December revenue collections reflect the purchase and sales activities conducted in November.

02 Jan 2019 1:11 AM

The government has settled Rs 18,409 crore to CGST and Rs 14,793 crore to SGST from IGST as regular settlement.

GST collection drops to Rs 94,726 cr in December

Of the Rs 94,726 crore collected, Central GST (CGST)collection is Rs 16,442 crore.

01 Jan 2019 4:44 PM

In the first eight months (April-November) of the current fiscal, the government has mopped up over Rs 7.76 lakh crore from GST.

Simplified GST return forms to be rolled out from April 1: Revenue Secretary

The 2018-19 budget had estimated annual GST collection at Rs 13.48 lakh crore, which means a monthly target of Rs 1.12 lakh crore.

04 Dec 2018 1:09 PM

Under GST, the tax levied on consumption of goods or rendering of service is split 50:50 between the centre and the state.

Centre, states apportion Rs 33,000 crore IGST in November

The finance ministry has targeted monthly GST collections to be Rs 1 lakh crore for this fiscal.

30 Nov 2018 2:46 PM

The finance ministry on Thursday said 67.45 lakh businesses filed GST returns in October and deposited Rs 1,00,710 crore as taxes.

GST collection hits Rs 1L-cr in October after 5 months

This will be a relief to the government which is struggling to stick to the fiscal deficit target.

02 Nov 2018 1:31 AM

The success of GST is lower rates, lesser evasion, higher compliance, only one tax and negligible interference by taxation authorities.

GST collections cross Rs 1 lakh crore in October

The revenue from goods and services tax (GST) in September was Rs 94,442 crore.

01 Nov 2018 1:00 PM

The sole exception was the month of April in which the numbers exceeded Rs 1 lakh crore.

Centre, states apportion Rs 32,000 crore IGST in October

The total revenue collection figures for the month would be released on November 1.

30 Oct 2018 3:07 PM

The total revenue earned by Central Government and the State Governments after settlement in September, 2018 is Rs 30,574 crore for CGST and Rs 35,015 crore for SGST.

GST mop-up rises to Rs 94,442 crore in September

As many as 67 lakh Goods and Services Tax (GST) returns were filed in September.

01 Oct 2018 1:29 PM

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