Tag: Gst Collection

The government has settled ₹ 19,286 crore to CGST and ₹ 16,939 crore to SGST from IGST as regular settlement.

New Delhi: The Goods and Services Tax (GST) collection for March rose 15 per cent year-on-year to Rs 1.06 lakh crore. The collection of Rs 1,06,577 crore for March though was the highest-ever monthly collection since the introduction of GST, the Finance Ministry said in a statement. Revenue in March grew 15.6 per cent over […]

New Delhi: The Goods and Services Tax (GST) collection for the month of May rose 6.67 per cent to Rs 1,00,289 crore from a year ago period staying above Rs 1 lakh crore in monthly revenue mop-up. The collection is, however, lower compared to April when the gross revenue had touched all time high of […]

New Delhi: In signs of sluggish momentum in tax collections, Goods and Services Tax (GST) receipts in June fell to Rs 99,939 crore, down from over Rs 1 lakh crore in the previous month, the finance ministry said Monday. While the GST collections in June were lower than Rs 1,00,289 crore in May, they were […]

New Delhi: The Goods and Services Tax (GST) collections came in at Rs 95,380 crore in October, down 5.29 per cent from Rs 1,00,710 crore in the same month last year, as per government data released on Friday. This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark, […]

New Delhi: Festive season demand helped the government collect Rs 1.03 lakh crore in goods and services tax (GST) in the month of November, up 6 per cent over the same month last year. The positive growth, a possible sign of recovery, has come after two months of negative growth. During the month of November, […]

New Delhi: Amid talks of the government likely to miss tax collection target this fiscal, the Finance Ministry has set a Rs 1.1 lakh crore monthly GST mop-up target for the remaining four months of 2019-20 financial year, ministry sources said. Revenue Secretary Ajay Bhushan Pandey had a video conference meeting with top tax officials […]

New Delhi: The gross Goods and Services Tax (GST) revenue collected in the month of December 2019 is Rs 1,03,184crore of which CGST is Rs 19,962 crore, SGST is Rs 26,792 crore, IGST is Rs 48,099 crore (including Rs 21,295 crore collected on imports) and Cess is Rs 8,331 crore (including Rs 847 crore collected […]

New Delhi: In a bid to counter criticism over the slowdown, Finance Minister Nirmala Sitharaman on Tuesday stressed on seven economic indicators and data to show that the Indian economy is stable and said that green shoots for its revival are clearly visible and would ensure that growth picks up from here. In her reply […]

Bhubaneswar: Odisha has recorded a growth of 11 per cent in the collection of gross Goods and Services Tax (GST) during the period from April 2019 to February 2020, a statement said on Tuesday. The state has made a total collection of Rs 27,044.37 crore during the period against a collection of Rs 24,325.79 crore […]

Bhubaneswar: Despite lockdown due to COVID-19, the Goods and Services Tax (GST) collection in Odisha has witnessed a positive growth rate for the first time during the current financial year in the month of July, said an official on Saturday. The Odisha GST (OGST) collection in July increased to Rs 794.02 crore as against Rs […]

New Delhi: The gross Goods and Services Tax (GST) revenue collected in December 2020 reached a record high of over Rs 1.15 lakh crore. Out of the total GST revenue collection of Rs 1,15,174 crore, Central GST (CGST) was Rs 21,365 crore, State GST (SGST) was Rs 27,804 crore, Integrated GST (IGST) was Rs 57,426 […]

Bhubaneswar: Odisha has recorded a growth of 20 per cent in gross Goods and Services Tax (GST) collection during December 2020 compared to December 2019, a senior tax official said on Saturday. The state had collected Rs 2,383 crore in December 2019 while it collected Rs 2,860 crore in December 2020, registering 20 per cent […]