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...
The GSTN has released an advisory for taxpayers who had issues with their GSTR-3B filing during the month of March 2023. The 7-day E-Invoice Generation Limit has been deferred by the GSTN Regarding false GST registrations, the CBIC department has produced instruction guide no. 01/2023 Autom...
GST Amnesty scheme for taxpayers who have been unable to file an appeal against orders made before 31 March 2023. Check all prerequisites here. 02nd November 2023 The October 2023, GST collection is INR 1.72 lakh crores an increase of 13%. Read PR 28th October 2023 The CBIC has introduced...
Now, let us look at GST due dates for March 2023. Here is a comprehensive image of our GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for March 2023 so that you never miss a GST due date!. GST Compliance Calendar February 2023 Let’s gear up to ...
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 ...
The Centre has extended the time for levy of GST compensation cess by almost four years till March 31, 2026. What is the news? The Goods and Services Tax (Period of Levy and Collection of Cess) Rules were notified in 2022 by the Finance Ministry. The levy of cess was to end on June...
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 ...
Two Full Federal Court decisions to start the 2023 GST year Posted on March 6, 2023 by chrissievers Welcome to 2023. We start off the year with two decisions of the Full Federal Court. The decision in Commissioner of Taxation v Landcom [2022] FCAFC 204 (handed down just before Chris...
GST applies to under-construction properties at varying rates. Until March 31, 2019, the rate was 12%, which was subsequently revised. From April 1, 2019, non-affordable housing properties are taxed at 5%, while affordable housing properties incur a tax rate of 1%. This has streamlined taxati...