GST Revenue Collection 2023. Total CGST, SGST and IGST since July 1, 2017. Goods and Services Tax paid by filing GST returns by Taxpayers. AUBSP inIndirect Tax Share:WhatsAppTwitterFacebook GST Revenue collection for March 2023. The collection during March and April 2023 will be updated here...
GST collection report for November 2024 revealed a revenue of ₹1.82 lakh crore. Advisory released on the GST E-Invoice glossary and guide. Top GST News for the month of November 2024 November 2024 has been a dynamic month for GST updates in India, with significant updates shaping the compl...
Till now in 2024, the total GST collection has been 10.1% more at Rs 9.13 lakh crore, as against Rs 8.29 lakh crore collected in the related period of 2023.In April the total GST has risen to a record high of Rs 2.10 lakh crore....
GST collection for December 2023 amounted to INR 1,64,882 crore, exhibiting a notable growth of 10.3% as compared to the previous month. For more detailed information, you can refer to the read press release. The new functionalities related to the filing of online declaration in Annexure V ...
The letter claimed that the GST would “encourage offshore gambling operators, drive Indian users to them, and ultimately lead to neither optimal tax collection nor the growth of the legitimate industry.” Lawyer Abhishek Malhotra, Managing Partner at TMT Law Practice, hadpreviously...
Expected Outcomes: A reformed GST system is anticipated to be simpler, leading to easier compliance, better revenue collection, and overall efficiency in the taxation system. Get an IAS/IPS ranker as your 1: 1 personal mentor for UPSC 2024 Attend Now December 14, 2023 Goods...
Consent managers and their role in data protection Confusion around children’s data and verification The following broad themes will be discussed during the event— Operationalisation of notice, consent, and impact on legacy data collection Ideal time-frames for implementation ...
course of business of the taxable person. A taxable person may not charge GST on a personal transaction if the supply is made in the course of his or her personal business. For example, GST is not imposed on the sale of a GST-registered trader’spersonallimited edition toy collection). ...
As per GST Law, the amount collected under sub-section (1) shall be paid to the credit of the appropriate Government by the operator within ten days after the end of the month in which such collection is made, in the manner prescribed. ...
Collection failures: ([212]-[214]) The Commissioner seeks to uphold an assessment disallowing ITCs of nearly $73m, and a penalty of over $30m, in circumstances where; it is the Fraudulent Suppliers, not the applicant, that profited from the scheme by fraudulently retaining the cashflow pro...