February GST collection rises 12.5% YoY to ₹1.68 lakh crore
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
The gross GST revenue collected in November 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 crore and IGST is ₹87,009 crore.
Just last month, Delta Corp had received GST notices worth ₹16,822 crore for the payment of shortfall tax
This is the fourth time the gross GST collection has crossed the 1.60 lakh crore mark in the financial year 2023-24.
Delta Corp received notices worth ₹16,822 crore from the Directorate General of GST Intelligence for payment of shortfall tax.
The 17-page guidelines explain changes introduced in Income Tax Act to remove difficulties in implementing provisions introduced in Budget 2023
ICICI Lombard has deposited an amount of ₹104 crore under protest, without accepting any liability in this regard.
The gross GST revenue collected in the month of April, 2023 stood at ₹1,87,035 crore.
The RBI says during the five-year transition period, the top five GST compensation-receiving states were Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Punjab.
The monthly GST revenue collection has crossed the ₹1.4 lakh crore mark for the tenth month in a row.