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Central GST News

GST collections

01 Jan 2021

GST collections at record-high of over Rs 1.15 lakh crore in December 2020

The Central GST mop-up stood at Rs 21,365 crore, State GST was Rs 27,804 crore, Integrated GST was Rs 57,426 crore The government has settled Rs 23,276 crore to CGST and Rs 17,681 crore to SGST from IGST as a regular settlement The total revenue earned by the Centre and the state govts after regular settlement in the month of Dece is Rs 44,641 cr for CGST and Rs 45,485 cr for the SGST

GST collections

01 Apr 2019

GST collection records Rs 1.06 lakh cr in March

Total number of summary sales return GSTR-3B filed for the month of February up to March 31, stood at 75.95 lakh.

26 Sep 2017

GST revenue collection for August slows to Rs 90,669 crore

According to the revised estimate, the GST mop-up for July stood at Rs 94,063 crore, up from the initial projection of Rs 92,283 crore.

26 Sep 2017

GST mop-up at Rs 90,669 crore in August

The figures do not include the GST to be paid by 10.24 lakh assessees who have opted for the composition scheme.

29 Aug 2017

GST revenue at Rs 92,283 crore gets a bumper start

Jaitley said 38.3 lakh out of 59.57 lakh registered taxpayers have so far filed GST returns.

26 Jun 2017

Govt defers TDS, TCS under GST to ensure smooth rollout

With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ecommerce platform.

04 Apr 2017

GST bill to be tabled in Rajya Sabha today

The much-awaited Goods and Services Tax (GST) Bill will be presented for discussion in Rajya Sabha tomorrow.

04 Mar 2017

GST Council meet at Vigyan Bhawan begins; to finalize supporting legislations

The crucial Goods and Services Tax (GST) Council meet, headed by Finance Minister Arun Jaitley has commenced at Vigyan Bhavan with the agenda to get the council`s approval on iGST (integrated GST), cGST (central GST) and sGST (state GST) drafts before the second half of the budget session of Parliament that begins on March 9.

11 Dec 2016

Demonetisation casts its shadow on GST Council meeting

Note ban has cast its shadow on the Goods and Services Tax (GST) Council started on Sunday putting a serious question mark on implementing GST by the central government`s targeted deadline of April 1, coming year.

Goods and Services Tax

28 Aug 2016

Government may advance Parliament session to get GST laws approved

Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance Winter Session of Parliament by a fortnight to get supporting legislations passed, leaving sufficient time for implementation of the new indirect tax regime.

16 Nov 2014

Centre against low GST threshold; wants a fresh look

The Centre is against keeping the threshold limit at Rs 10 lakh for levying GST and wants the committee on dual control to take a final view on the matter after detailed discussions.

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