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The number of E-way bill generation decreased to 8.60 crores in June from 8.81 crores in May, but it was still more than it was in April. The GST collection in July, for which data is not yet available and will be released on August 1, may be slightly affected by this. E-way bill is […]
The GST collection in Delhi for Q1 of the Financial Year 2023-24 has witnessed 15% growth comparing the same period in the last fiscal year. The Delhi Government shared the data where they mentioned that the GST collection in the first quarter of an FY has increased by over 81% since 2018-19 when the new […]
In India, the collection of the GST revenue in June stood at Rs 1,61,497 cr, which is a 12% rise on the basis of year-on-year, stated by the Ministry of Finance. In April and May, Rs 1.87 lakh crore and Rs 1,57,090 crore was the GST collection, respectively. As per the government for the fourth […]
The number of e-way bill generation has increased to 8.82 crores in May from 8.44 crores in April, which indicates more movement of goods. As per the PMI (Purchasing Managers’ Index) manufacturing, the result rose to a 31-month high of 58.7 in May, providing the first indication of increased goods movement. Increased bill generation may […]
In the month of May, the GST collections of India surged by 11.5%, standing slowest in 6 months to cross Rs 1.57 lakh cr with the revenue from the domestic transactions rising 11% and imports which generate 12% additional taxes compared to before year. May’s revenue for the transaction that takes place in the month […]
Haryana has a population of 3.06 crore and the state’s boundary acquires an area of 50,362 sq km, collected Rs. 10,035 crore GST in April 2023, its GST collection is four times that of Punjab’s collection of Rs 2,316 crore, which has a population of 2.99 crore and a surface area of 44,212 sq km. […]
Andhra Pradesh has witnessed the highest-ever GST collection in April 2023 since the introduction of the GST system. The state released Rs. 4,329 crore gross GST revenue for the month. Almost 70% of the increase has been noted in the GST revenue of the state in the last four years. The strong GST mop-up in […]
A rise of 22% in the GST collection of the state of Haryana has been enrolled in the month of April this year compared to April 2022, the GST collection of the state would have surged to Rs 10,035 cr in April which is more than the to Rs 8,197 crore in April 2022, Union […]
Karnataka has set a record by collecting net GST collection of Rs. 14,593 crore. Although Karnataka has secured second position after Maharashtra which has a total GST collection of Rs. 33,196 crores, the state has again surpassed Gujarat (Rs. 11,721) and Tamil Nadu (Rs. 11,559) and put them in third and fourth position respectively. Telangana […]
