Integrated Gst
Recent Highlights
All Stories for Integrated Gst
GST collection falls in Oct: Volatility may continue; too early to call the big-bang reform a hit or miss
Srikanth •Changing tax rates and creating new exemptions also slows the process of estimating the exact tax liabilities, and by extension, what prospective collection estimates should be.
GST Network utility portal goes live; merchant exporters can start claiming refunds from tonight
•With the new utility RFD-1A, a merchant exporter can claim refund of GST paid at the time of buying goods which he has exported in the relevant month
GST mops up Rs 92,283 cr in July: Good start, but don’t uncork the bubbly yet
Dinesh Unnikrishnan123 •As far as the GST collection figure is concerned, it will take a few more months before one gets a clearer pattern.
GST collections hit Rs 92,283 cr in July, likely to go up further: FM Arun Jaitley
•Of the tax collected, Jaitley said, Rs 14,894 crore have come in as Central GST, Rs 22,722 crore as State GST and Rs 47,469 crore as Integrated GST, which is levied on inter-state movement of goods and imports
20 lakh businesses pay GST so far, more to follow: GSTN Chairman
•The government had on 19 August extended the due date for filing of GST returns and payment of taxes to 25 August from 20 August earlier after businesses complained of snag in the GST portal.
GST collections: Govt gets Rs 42,000 cr so far in first monthly filing under new tax regime
•Rs 15,000 cr has come in as Integrated-GST and Rs 5,000 cr as cess on demerit goods like cars and tobacco
GST: Industry gets 90 days to claim tax credit for transition stock after rollout from 1 July
•The GST Council also decided to amend the transition rules allowing traders and retailers to make claim of 60 percent against the CGST or SGST dues where the tax rate exceeds 18 percent.
GST passed in Lok Sabha highlights: India to see new tax regime soon as House clears all four bills
Fp Staff •Arun Jaitley responds to Opposition in the marathon debate on Goods and Services Tax bill that started in Lok Sabha on Tuesday at 12 noon
Council clears State, Union Territory GST laws; cap sin goods cess at 15%
Ians •Jaitley also said that the cess on sin (tobacco products) and luxury goods has been capped at 15 percent by the Council.
'Reasonably possible' to meet 1 April GST deadline as no political bickering among states now: Arun Jaitley
•The GST Council has the mandate to look into issues of dual control and threshold rates with the states demanding that they be given the legal and administrative powers for imposing tax on entities with turnover of up to Rs 1.5 crore.