Those arrested include managing directors, proprietors and partners of business and trade entities either involved in availing or utilising the ineligible input tax credit fraudulently
Sonia Gandhi convenes meeting with CMs of Congress-ruled states today; NEET, JEE exams issue, GST to be discussed
The Supreme Court had last week dismissed a plea seeking postponement of the two exams amid spurt in the number of COVID-19 cases
GST mop-up slips below Rs 1 lakh cr-mark first time in four months, March collection at Rs 97,597 cr
GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as COVID-19 lockdown that shut most businesses compounded tax collections in an already sluggish economy
GST revenues during February from domestic transactions have shown a growth of 12 percent over the same month last year
GST collection crosses Rs 1 lakh cr mark for third month in a row in January; in line with set target
The GST collection is in line with the target set by Revenue Secretary Ajay Bhushan Pandey after a high-level meeting with senior tax officials earlier this month.
GST revenue collection remained above the Rs 1 lakh crore mark for the second month in a row with December mop-up rising to Rs 1.03 lakh crore as compared to the year-ago period
GST Council meeting on 18 December: Tax rates may go up for various items to compensate revenue shortfall
With pressure on revenue collection, the Goods and Services Tax (GST) rates and slabs may be raised during the GST Council meeting next week
After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 percent in November 2019 over the November 2018 collections
GST collections dip to 19-month low of Rs 91,916 cr in September; 75.94 lakh returns filed: Finance ministry
The Goods and Services Tax (GST) collection in September declined to Rs 91,916 crore, as against Rs 98,202 crore in the preceding month, as per government data released on Tuesday
National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing
The extension, without a freeze on new complaints, has also shown that the Jaitley-Adhia assurances that the NAA will be a benign, purely deterrent mechanism were also hollow.
Union Budget 2019: Indirect taxes imposed by govt to generate revenue; levied equally upon all taxpayers
Indirect taxes can be defined as taxation on an individual or entity, which is ultimately paid for by another person.
GST mop-up crosses Rs 1 lakh cr for three straight months in May; lower than record collection of Rs 1.13 lakh cr in April
This is the third consecutive month in which GST collections have crossed Rs 1 lakh crore mark
The total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of 2019-20 fiscal
GST collections dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said on Friday
GST collections jump 14% to Rs 1.02 lakh cr in January; revenue figures cross milestone figure thrice this fiscal
The total revenue earned by the central government and state governments after regular settlement in December 2018 is Rs 36,107 crore for CGST and Rs 39,503 crore for SGST.
Govt waives late fees for GST returns during July 2017-Sept 2018, but biz will have to pay for 15-month period by March 2019
The fee for late filing of the returns is Rs 25 per day for Central GST (CGST) and an equal amount under State GST (SGST).
Of the Rs 94,442 crore collected last month, Central GST (CGST) mop-up is Rs 15,318 crore, State GST (SGST) is Rs 21,061 crore, Integrated GST is Rs 50,070 crore (including Rs 25,308 crore collected on imports) and cess is Rs 7,993 crore (including Rs 769 crore collected on imports), the finance ministry said
This is the third time that the IGST funds have been divided between the Centre and states.
Of the total Rs 95,610 crore gross revenue collected in June, Rs 15,968 crore is on account of CGST, Rs 22,021 crore SGST, Rs 49,498 crore (including Rs. 24,493 crore collected on imports) on account of Integrated Goods and Services Tax (IGST) and Rs 8,122 crore from cess