March Sees Second Highest GST Collection Of Rs 1.60 Lakh Crore

GST collections in March grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent.

Mr Tharoor also shared images of the letter he sent to the Finance Minister.

Asserting that the Centre has been depriving West Bengal of its share of the Goods and Service Tax collected from the state, Chief Minister Mamata Banerjee on Tuesday said that the decision to support the passage of the GST Bill was wrong.

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.

The Press Information Bureau of India analysed the savings on a restaurant bill in the pre and post-GST era.

Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.

In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.

February 2023 witnessed the highest cess collection of Rs 11,931 crore since implementation of GST.

The government will clear the entire goods and services tax, or GST, compensation dues of Rs 16,982 crore from its own pocket today, Finance Minister Nirmala Sitharaman said after a meeting of the council that sets GST rates.

Union Finance Minister Nirmala Sitharaman today chaired the 49th meeting of the Goods and Services Tax (GST) Council, in Vigyan Bhawan, New Delhi.

Petroleum products can be part of GST and what is needed is the nod from the council members, said Union finance minister Nirmala Sitharaman on Wednesday.

The West Bengal government on Friday night said the Centre owes it Rs 2,409.96 crore, responding to Union Finance Minister Nirmala Sitharaman's statement that the state has not sent GST compensation cess claim with accountant general (AG) certificate

Vivek Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends.

Ahead of the presentation of the Union Budget for fiscal 2023-24, on Wednesday, Chattisgarh Chief Minister Bhupesh Baghel said locals have put forward a demand for new trains in Jagadalpur and Surguja areas.