India’s GST collections rise 12% to Rs 1,49,577 crore in February
NEW DELHI: The gross GST revenue collected in the month of February 2023 is Rs 1,49,577 crore of which CGST is Rs 27,662 crore, SGST is Rs 34,915 crore, IGST is Rs 75,069 crore (including Rs 35,689 crore collected on import of goods) and Cess is Rs 11,931 crore (including Rs 792 crore collected on […]
GST collections up 56% to Rs 1.44 trillion in June: India
NEW DELHI: The Goods and Services Tax (GST) revenue in June rose to Rs 1.44 trillion, registering a 56 per cent increase over the same month last year, Finance Minister Nirmala Sitharaman said on Friday. Sitharaman said Rs 1.4 trillion is the “rough bottom line” now for GST collections. GST revenue for May stood at […]
India’s GST collections in November cross Rs 1.3 lakh crore, second highest ever
NEW DELHI: India’s gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crore of which CGST is Rs 23,978 crore, SGST is Rs 31,127 crore, IGST is Rs 66,815 crore (including Rs 32,165 crore collected on import of goods) and Cess is Rs 9,606 crore (including Rs 653 crore collected on […]
GST collections at all-time high of over Rs 1.15 lakh crore in December
NEW DELHI: GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy. The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore and is the highest since the introduction of Goods and Services Tax from July 1, 2017, the Finance […]
GST collections at Rs 95,480 crore in September
NEW DELHI:Goods and Services Tax (GST) collections at Rs 95,480 crore in September touched the highest level so far this fiscal, the Finance Ministry said on Thursday. The revenues for the month are 4 per cent higher than the total GST collection in the same month last year. In September, the tax collected from import […]
Clear picture of April GST collections will come by June-end: Finance Secretary
NEW DELHI: Finance Secretary Ajay Bhushan Pandey on Wednesday said the clear picture regarding GST collections for April would emerge only by June 30 — the deadline by which businesses with up to Rs 5 crore turnover can file returns without any late fee and interest. The government had in March extended the deadline to […]
GST collections at Rs 1.05 lakh crore in February
NEW DELHI: The government of India on Sunday said it has collected Rs 1.05 lakh crore as GST revenue in February, up 8 per cent over the same month last year. The collection from Goods and Services Tax (GST) in February was, however, lower than the Rs 1.10 lakh crore collected in January 2020. “The […]
GST collection falls below Rs 1 trillion in August
NEW DELHI: India’s gross GST collections slipped below Rs 1 trillion to Rs 98,202 crore in August, according to official data released on Sunday. Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion. The August 2019 mop-up was, however, 4.5 per cent higher than the Rs 93,960 […]
GST collections in June fall to Rs 99,939 crore, down from Rs 1 trillion in May
NEW DELHI: In signs of sluggish momentum in tax collections, Goods and Services Tax (GST) receipts in June fell to Rs 99,939 crore, down from over Rs 1 trillion in the previous month, the finance ministry said on Monday. While the GST collections in June were lower than Rs 1,00,289 crore in May, they were […]