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 collections up 12.54% in February 2024 Explained | Economics | Mains Paper 3: Indian Economy Note4Students From UPSC perspective, the following things are important : Prelims level: Goods and Services Tax (GST) Mains level: GST Collection In the news India’s GST revenues saw a robust ...
As per the comprehensive report released on the Goods and Services Tax portal, the gross monthly GST collection increased by 10% in August 2024, reaching Rs. 1.75 lakh crore. This is up from Rs. 1.59 lakh crore during the same month last year. Top GST News for the month of July 2024 ...
To help you stay compliant, we have prepared a comprehensive image of our GST Due Dates February Calendar or GST Compliance Calendar. It has all the GST Due dates for February 2023 so that you never miss any GST due date in February 2024!
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...
Operationalisation of notice, consent, and impact on legacy data collection Implementation of parental consent and platform liability concerns Impact of exemptions for behavioral targeting for children and persons with disabilities Breach notification thresholds, timelines and conflicts with other regulations ...
GST has brought about a single, seamless national market, facilitating easier and more transparent transactions. Its comprehensive IT system has enhanced compliance, made tax collection more efficient, and reduced tax evasion. Furthermore, GST has fostered a business-friendly environment, attracting both...
and Sugar such as M/s JSW Steel, M/s NMDC, M/s Kesoram Industries etc. are operating in the jurisdiction of this Commissionerate and contributed the most. Besides a huge number of traders and other manufacturers have also contributed to the record GST collection. He stated that during the...
Functions of Branch of Authorized bank under GST Tax collection Mechanism of GST payment between GSTN and bank Procedures to file IGM (Import General Manifest) Procedures under Re-exports Export Promotion Councils and Commodity Boards, product wise ...