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GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

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

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

26 Sept 2017 8:31 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Centre, states apportion Rs 32,000 crore IGST in October

The total revenue collection figures for the month would be released on November 1.

30 Oct 2018 3:07 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Centre, states apportion Rs 33,000 crore IGST in November

The finance ministry has targeted monthly GST collections to be Rs 1 lakh crore for this fiscal.

30 Nov 2018 2:46 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Rs 82,775 cr GST refunds to exporters done; Rs 5,400 cr is pending

The disposal rate of GST refunds is 93.8 per cent as on October 31.

10 Nov 2018 10:59 AM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

CBEC sanctions Rs 12,700-crore GST refund claims

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of...

1 April 2018 11:31 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Consumption-led states get an advantage

It appears that the GST has brought in a competitive edge for consumption-led states.

1 July 2018 7:00 AM IST

Goods and Service Tax

NDA bets big on tax revision despite Rs 1 lakh crore shortfall in...

During the interim budget, the gross tax revenue after the budget estimation stood still at Rs 25.5 lakh crore.

2 Feb 2019 1:34 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Govt extends IGST, compensation cess exemption under various export...

These exemptions have been extended for exporters buying inputs domestically or importing for export purpose.

22 March 2019 2:24 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Automobile dealers body seeks rollback of new GST changes

The automobile retail trade industry is around Rs 5 lakh crore with around 25,000 dealers.

7 March 2019 5:31 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST collection drops to Rs 97,247 crore in February

Govt has lowered the GST collection target for current fiscal to Rs 11.47 lakh crore.

1 March 2019 4:54 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST collection records Rs 1.06 lakh cr in March

For fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.

1 April 2019 2:49 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST collection scales record high of Rs 1.13 lakh cr in April

The government has settled Rs 20,370 crore to CGST and Rs 15,975 crore to SGST from IGST as regular settlement.

1 May 2019 4:58 PM IST