Powerd By SAG INFOTECH
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The number of e-way bills made for the interstate trade in the goods beneath the GST framework lies at 23.59 lakh a day in the first 13 days of February, 14% more than the first 16 days of the former month showing a pick up in commerce post to the spread of the Omicron variant. […]
The central board of indirect taxes and customs CBIC is set to increase the scrutiny and departmental audits of the risky assessee to rectify the GST collections through the help of information and technology so as to provide the assurance that the decisions are transparent that the council opts. Towards the subject of union government […]
Recently the government had found the GST collection to top the all-time high with a considerable high in the collection compared to other states as well as the previous time duration. The 4 states and one union territory under the list have been ranked on most GST collection earning regions. Let us check-in details how […]
GST collection in November 2021 has been topping the charts since the implementation of GST as there is 25% growth from the same month last year and 27% higher than 2019-20. The GST revenue (gross) collected in the month of Nov 2021 is INR 1,31,526 crore and dividing it has CGST at INR 23,978 crore, […]
Through stabilizing the economic activity specifically the services the government is seeking that monthly GST collection will stabilize nearly Rs 1.5 lakh cr over the subsequent months assisting the complete scenario of GST revenue at the centre as well as states. It reveals that mop-up shall be more than the record collections of Rs 1.4 […]
The government has recently revealed the GST revenue collection of the month of September 2021 which now stands at INR 1,17,010 crore and the share of CGST is INR 20,578 crore, the SGST is 26,767 crore and the IGST came to INR 60,911 crores which also accommodates the INR 29,555 crore on behalf of the […]
In positive news coming from every corner of the nation, the union finance ministry has highlighted some of the good jumps in GST collections from 3 developed states of India. Talking about Kerala. From the past period i.e August 2020 the state, Kerala had set a 31% rise in GST collection which is a new […]
As per a recent report, a total of ₹ 1,12,020 crores has been collected in August 2021 as Gross GST Revenue collection. In this ₹ 1,12,020 Crore ₹, 20,522 crores are collected as for CGST, ₹ 26,605 crores for SGST, ₹ 56,247 crores (including ₹ 26,884 crores on import of goods) is for IGST and […]
In the previous months from April till June 2021 ‘Corona was in and GST was out’. Now the trend has reversed. ‘Corona is out and GST is in’. This assertion is based on facts and figures of the Goods and Services Tax, not an opinion. Maharashtra’s GST collection rose by nearly 38% in July 2021 […]
