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...
05th March 2024 GST collection for February 2024 amounted to INR ₹1,68,337 crore. read press release 29th February 2024 The GST portal services will be unavailable from 01:00 AM to 5:30 AM on 1st March 2024. We regret the inconvenience caused. Some taxpayers have reported delays in re...
Since GST compliance is the top priority of businesses, we have prepared a comprehensive image of our GST Due Dates March Calendar or GST Compliance Calendar. It contains all the GST Due dates for March 2024 so that you never miss any GST due date in March 2024! Also, the due date for...
Nirmala Sitharaman on September 9, after the 54th GST Council meeting, according toan INC 42 report. Collections have jumped five times to Rs. 6,909 crore in only six months, from Rs. 1,349 crore in the preceding six months. This GST spike is for the October 2023 to ...
Definition: GST is an indirect tax that has replaced many indirect taxes in India such as excise duty, VAT, services tax, etc. Legislation: The GST Act was passed in Parliament on 29th March 2017 and came into effect on 1st July 2017. It is a single domestic indirect tax law for the ...
Ministry of Finance Final Monthly collection figures of GST 02 APR 2018 The revenue collection figures under GST including CGST, SGST, IGST and cess for the period July 2017 - February 2018 paid in the period July 2017 - March 2018 is as follows: Figures in Rs. Crores) Month GST … [Rea...
The administration currently decided to reset Goods and Service Tax collection targets. The current targets set by the government are Rs. 1.15 lakh crore for February and Rs. 1.25 Lakh crore for March, which are higher than the GST collections of December. The hike in the targets is a ...
The GST registration threshold for businesses is $75,000, as of writing in March 2023. However, not-for-profit organisations are not required to register until they exceed a turnover of $150,000. By contrast, limousine, ride-sharing and taxi drivers have to register regardless of their turn...
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...