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Search results for: GST collection

Gujarat High Court

GJ HC Pulls up Dept for Their Coercive & Pressurize Method of GST Collection

Learning that “the facts of the case are very gross and shocking”, the Gujarat High Court said on Friday (05th February) uprooted the GST officials for allegedly “coercing and pressurizing” an individual to shift an amount of Rs.9 Crore to the account of the field. The two Judges Justice J. B. Pardiwala and Justice Ilesh […]

Better Compliance Improved GST Collection

GST Collection Rise Through Improvement in Compliance & Deep Investigation: FS

Still, the economy is far away from meeting the pre-covid platform, but the finance minister is very well known about the compliance and the rise in the scrutiny which will assist in revenue collection in the next result. Ajay Bhushan Pandey the Finance Secretary said to TNIE that the collection will rise up through the […]

GST Collection in January 2021

January 2021 GST Collection Expected to Reach INR 1.20 Lakh Crore

After record collection in December, it is expected that the Goods and Services Tax (GST) revenues will cross INR 1.20 lakh crore in January 2021. It indicates that the efforts of the government are now paying off. According to Soumya Kanti Ghosh, Group Chief Economic Adviser of State Bank of India, GST collections will be […]

GST Revenue Collection in Nov 2020

More Than INR 1 Lakh Crore GST Collection in November 2020

The net GST revenue received in November month 2020 is Rs 1,04,963 cr where CGST comprises Rs 19,189 crore, SGST settled Rs 25,540 crore, IGST comprises Rs 51,992 crore along with Rs 22,078 crores received on import of goods and Cess is Rs 8,242crore as well as Rs 809 crores collected on import of goods. […]

Indian Economy on Recovery Path

Power Consumption & High GST Collection Display Recovery, Ex-RBI Chief

The past governor of RBI C Rangarajan clarifies that due to covid-19 the slump in the rise of the economy occurs as a disaster which lies for a shorter duration. The opinion was raised during ‘SICCI-360’ raised by the Southern India Chamber of Commerce and Industry, said the chairman of Economic Advisory Council Rangarajan. “(Normally) […]

66 Percent Jump in GST Revenue

HR Deputy CM: State Registered a Record 66% Increase in GST Collection

Chandigarh Nov 4 UNI Haryana deputy chief minister Dushyant Chautala announces that Haryana has enrolled a 66% rise in GST revenue in October 2020 with respect to October 2019 which is a record and entitled to be a recognition for the state government. To keep an eye on the big as well as prominent assessee […]

Jammu and Kashmir GST Revenue in Oct 2020

J&K Gets High GST Collection of INR 564 CR in October 2020

Due to covid-19 disease after numerous losses in the businesses in Jammu and Kashmir now have started improving from last month said on Wednesday. This is improved due to various methods implemented by the government as they provide a relief package to the people which was declared in September month 2020. Following these steps helps […]

Oct 2020 GST Collection

Higher GST Collection of Chhattisgarh & Rajasthan in October 2020

The state of Chhattisgarh tops at number 1 in collecting the maximum GST in October month facing relevancy with the state Andhra Pradesh. Even in the pandemic, the agricultural state wipes 26% higher GST from the last month as compared to October 2019. Despite covid-19, the economy of Chhattisgarh gives better results than the majority […]

Compensation Proposal for Puducherry GST Revenue

Puducherry Accepted Centre Tax Compensation Offer for GST Collection

Puducherry has accepted the proposal of the center to borrow Rs 1.1 trillion to bridge the shortfall for goods and service tax (GST) collection INR 1 trillion GST has been collected for the very first time in the eight months in October post unlocking from September. Any month GST collection resembles the business received in […]

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