The Central GST & Excise Commissionerate at Surat in a bid to fulfil the revenue targets set for the current financial year has issued a critical direction to all Grade A & B officers. The office circular, 07.02.2024, follows the D.O. dated 18.01.2024 from the Chief Commissioner, Vadodara Zone.
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The importance of sustained efforts and operational continuity is been highlighted by the directive approved by the competent authority.
In the cited grades – Grade A & Grade B all officers are mandated to abstain from routine leaves till 31st March 2024, unless encountered with exceptional cases or for medical reasons.
The total gross GST revenue stands at ₹1,67,929 crore in November 2023 consisting of the CGST at ₹30,420 crore, SGST at ₹38,226 crore, IGST at ₹87,009 crore (including ₹39,198 crores from import of goods), and cess at ₹12,274 crore ( including ₹1,036 crores from import of goods ).
From the IGST, the government disbursed ₹37,878 crore to CGST and ₹31,557 crore to SGST. The cumulative revenue for the Centre and States in November 2023, post-settlement, reached ₹68,297 crore for CGST and ₹69,783 crore for SGST.
A 15% YoY increase is seen in the November 2023 GST collection revenues, scoring the highest for any month in FY 2023-24 until November 2023. Domestic transactions, including the import of services, contributed to a 20% growth in revenue compared to the identical month last year. This specifies the 6th instance in FY 2023-24 that gross GST collection exceeded the ₹1.60 lakh crore limit.