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GST revenue collection for July second highest ever and 28% higher than the revenues in the identical month of a former year. The total GST revenue collected for the month of July 2022 would be Rs 1,48,995 crore where Rs 25,751 crore CGST, Rs 32,807 crore SGST, Rs 79,518 cr IGST (including Rs 41,420 crore […]
Gross GST collection in June 2022 is the second-highest collection next to the April 2022 collection GST collection crosses ₹1.40 lakh crore mark 5th time since the inception of GST; 4th month at a stretch since March 2022 The total GST revenue collected in the month of June 2022 would be Rs 1,44,616 cr of […]
In the month of May to 73.6 million from 75.2 million in April, the Generation of electronic permits required for the transportation of goods inside the states has been lowered. A GST e-way bill generation makes 78.2 million contributions to a high of Rs 1.68 trillion in GST receipts in April as the businesses cleared […]
GST collection crosses Rs 1.40 lakh crore mark 4th time since the start of GST; 3rd month at a stretch since March 2022. Rs 1,40,885 cr is the total GST revenue collection in the month of May 2022 of which CGST is Rs 25,036 cr, SGST is ₹32,001 crore, IGST is ₹73,345 crore (along with […]
Generation of e-way bills, which are required to ship goods all over the states, the GST collections this month can be lesser than the former month’s record high. The information from GSTN notify that the company that used to process the GST returns, mentioned that 75.2 million e-way bills were generated in April, less than […]
Effective use of the new technology and tight compliances on the ITC by taxmen is not only assisted you to ensure the increased compliance but indeed results in a constant rise in the GST collections on a month-on-month (MoM) grounds. As per CBIC on the scrutiny of returns and the reduction in the e-invoicing limit […]
Recently the GST revenue has been collected for March 2022 month with a superb collection of INR 1,42,095 crores under which CGST is ₹ 25,830 crore, SGST is ₹ 32,378 crore, IGST is ₹ 74,470 crore (including ₹ 39,131 crores collected on import of goods) while the amount of cess is around INR 9417 crores […]
Goods and services tax (GST) collections in FY23 upon the grounds can arrive at an average of Rs 1.35 trillion a month, with respect to a nearly 1.2 trillion budget, as per the official sources. The same pointed out that the gross collections in the year would be Rs 1.8 trillion exceeding the estimated. Provided […]
GST collection crossed Rs 1.30 lakh crore mark for the 5th time. Revenues in Feb 2022 18% is more than the GST revenues in the similar month last year and 26% more than the GST revenues in Feb 2020 Rs 1,33,026 crore is the gross GST revenue obtained in Feb 2022 where the CGST stands […]
