GST

Tuesday, May 30, 2023 | Last Update : 11:24 PM IST

As per the release, the recent trend of high GST revenues has been a result of various policy and administrative measures that have been taken in the past to improve compliance. (DC File Image)

GST collected in November, 2021 second highest since its implementation

As per the data shared, the highest amount of tax is collected from Maha (Rs 18656 cr), then Gujarat (Rs 9569 cr) and Karnataka (Rs 9048 cr)

01 Dec 2021 5:00 PM

GST has helped interstate movement of goods. Representational Image. (DC File Image)

GST: TN, Kerala FMs rue loss of autonomy

The pandemic has brought to light that the GST compensation mechanism is not designed to address systemic risks

30 Sep 2021 4:21 AM

Finance Minister Nirmala Sitharaman addresses media on the outcomes of the 42nd GST Council meeting, in New Delh. PTI Photo

AA Edit | GST cess: Centre must act quickly, responsibly

The government must act wisely again and offer to meet its legal and moral obligation to the states when the Council meets next

07 Oct 2020 6:22 PM

Capex of states may have to cut by Rs 1- 3.4 lakh crore, finds ICRA. (AFP Photo)

States may cut FY21 capex by Rs 3 lakh crore, says ICRA

ICRA has projected that the gap between the GST compensation requirement and the cess collections for FY21 will be Rs 2.9 lakh crore

10 Sep 2020 11:06 AM

The Central government’s argument was based on two factors — one, the promise that it made to states to make good its revenue loss on account of the GST rollout, and two, a contraction that the Indian economy is expected to witness this financial year. PTI Photo

DC Edit | GST meet: Has Modi government failed its citizens?

Why should there be different yardsticks for the Central government and its citizens?

29 Aug 2020 5:20 PM

Chief Ministers belonging to various opposition parties got together and discussed the issue of GST compensation to states. (ANI Photo)

CMs of opposition parties unite against Centre for undermining states' rights

Sonia Gandhi convened a virtual meeting of chief ministers of opposition-ruled states to discuss the key issues confronting them

26 Aug 2020 6:39 PM

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collection slips over 14% to Rs 87,422 crore in July

In July 2019, the GST revenue was over Rs 1.02 lakh crore

02 Aug 2020 8:31 AM

Authority for Advance Ruling (AAR) said that a GST of 18 per cent will be levied on all alcohol-based hand sanitisers. (AFP Photo)

Alcohol-based hand sanitisers to attract 18% GST, says AAR

Authority for advance rulin further said although hand sanitisers are essential commodity, GST law has a separate list of exempted goods

15 Jul 2020 10:40 AM

GST Registration is easy. It is possible due to the GST portal of the government. It permits you to complete the process online

What is GSTR-1, and is GST filing for Amazon sellers mandatory?

The GST law needs the online sellers to do the GST registration and to file each month their returns

26 Jun 2020 5:22 PM

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

07 May 2020 1:18 PM

Badly hit by virus lockdown, MSMEs waiting to start businesses

Confederation wants MSME within Industrial Estates to be allowed to operate with 50% labour

06 May 2020 9:52 AM

Delhi: The government of Thursday sought suggestions on methods of resource mobilisation from captains of the automobile industry. (PTI Photo)

Government seeks suggestions from auto industry leaders for resource mop-up

The industry captains also sought liquidity support to component makers and dealerships

01 May 2020 4:10 PM

Finance Minister Nirmala Sitharaman (Photo- PTI)

Key tax, other deadlines extended; ATM charges waived

Govt to announce economic package soon to cushion impact of coronavirus, says Sitharaman

24 Mar 2020 8:09 PM

Akbaruddin Owaisi rakes up Telangana Encounters in Budget session

The AIMIM leader also raised questions on the recent riots that took place in Northeast Delhi

07 Mar 2020 6:40 PM

BJP leader and Rajya Sabha MP Subramanian Swamy (Photo: PTI)

GST madness of century: Subramanian Swamy

Swamy also hit out at regular amendments of the GST Act and forms.

20 Feb 2020 3:55 AM

Currently, there are four GST rate slabs -- 5 per cent, 12, per cent, 18 per cent and 28 per cent.

Niti Aayog member bats for 2 GST slabs, says rates should not be revised frequently

Central government is providing a subsidy of Rs 1.2 lakh cr and the states put together spend about Rs 1 lakh crore.

25 Dec 2019 3:07 PM

The Prime Minister asserted that his government took steps to stabilise the economy that was heading for a disaster in the last five years. (Photo: ANI)

Talks on making India USD 5 tn economy didn't come all of sudden, says PM

'Credit for every achieved target goes to the people and not to the government,' PM Modi added.

20 Dec 2019 1:07 PM

In the meeting, the GST target was set at Rs 1.10 lakh crore every month between December 2019 and March 2020. Of these four months, Rs 1.25 lakh collections has to be achieved in at least one month, the sources said.

Govt sets Rs 1.1 lakh cr monthly GST collection target; asks taxmen to buckle up

Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

17 Dec 2019 5:43 PM

This is regarding the fact that the estimate was done by NCAER (National Council of Applied Economic Research) for the ninth Finance Commission for terminal ideal GST, whereas GST -- which is work in progress - may take 20 years. It is not that you are going to get 1.5-2 per cent (additional) GDP growth overnight, said Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister. (Photo: File)

Impact of GST will take time to show results: Bibek Debroy

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

17 Dec 2019 12:07 PM

I admit that the payments which had to go the compensation head have not been given for two months slot, FM Nirmala Sitharaman said. (Photo: File)

Centre will not renege on GST compensations: Sitharaman

The delays to pass on the money are due to a slip in collections and the states have nothing to worry, said FM Nirmala Sitharaman.

16 Dec 2019 4:31 PM

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Aakar Patel

GST