The collection of the August 2024 GST shows the stronger tax framework of India. The consistent y-o-y rise of nearly 10% shows the effectiveness of the current GST reforms and the compliance measures. This influential surge in import revenue emphasizes the buoyancy in the external sector, and...
The GST collection for June stood at Rs 90,917 crore and the collection for July was at Rs 87,422 crore. In the month of August, the GST collection further dropped and stood at Rs 86,449 crore. From this aggregate amount, Rs 15,906 crore is CGST, Rs 21,064 crore is SGST, IGST ...
GST Collection for August 2024 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...
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 ...
Ministry of Finance GST Revenue collection for April, 2019 recorded highest collection since GST implementation Posted On: 01 MAY 2019 3:09PM by PIB Delhi The total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore of which CGST is Rs 21,163 crore, SGST is ...
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. ...
A massive GST Collection in the month of July. Statistics mention that the figure is a three-month high in July. Interestingly, the figure is above trillion and the experts estimate that the reason is the opening up of lockdown and ease of mobility restrictions. In this article, we will ...
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The collection of GST is relatively simple, which makes it an efficient tax system. How can Enterslice Help you? Frequently Asked Questions What is the effective rate of GST charged in Singapore? All the Goods and Services are taxed in Singapore at a rate of 7% Goods and Service Tax. ...
, improved compliance and good collection in majority of states helped in higher mop-up in February although on a sequential basis the number was 2.2 per cent lower in January but the point to be noted is that while January has 31 days, this February has 29 days for receiving collection....