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GST Collections

GST collections up over 8% at Rs 1.82 lakh crore in November

GST collections up over 8% at Rs 1.82 lakh crore in November

Sun, Dec 01, 2024

The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore, Integrated IGST at Rs 91,828 crore and cess at Rs 13,253 crore, according to government data released on Sunday.

GST collections grow 6.5% to Rs 1.73 lakh crore in September

GST collections grow 6.5% to Rs 1.73 lakh crore in September

Tue, Oct 01, 2024

The central government's gross collections of Goods and Services Tax (GST) stood at Rs 1.73 lakh crore in September, marking an increase of 6.5 per cent over the corresponding period a year ago, according to official data released on Tuesday.

GST collections rise 10% to Rs 1.75 lakh crore in August

GST collections rise 10% to Rs 1.75 lakh crore in August

Sun, Sep 01, 2024

Goods and Services Tax (GST) revenues in August last year were Rs 1.59 lakh crore, while in July the mop-up was Rs 1.82 lakh crore.

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How Rising GST Collection is Shaping Our Economy | Ajay Bagga Explains

How Rising GST Collection is Shaping Our Economy | Ajay Bagga Explains

Thu, May 02, 2024

What is happening in crude oil? What will be the impact of increasing GST collection on our economy? Know from market expert Ajay Bagga.

Odisha records 17.21% growth in gross GST collection in April

Odisha records 17.21% growth in gross GST collection in April

Wed, May 01, 2024

The state recorded gross GST collection of Rs 5,902.25 crore last month, against Rs 5,035.74 crore in April, 2023, he said. Odisha recorded a 32.94 per cent growth in collection of state GST in April as compared to the corresponding month last year.

Gross GST collections rise 12.5% to Rs 1.68 lakh crore in February

Gross GST collections rise 12.5% to Rs 1.68 lakh crore in February

Fri, Mar 01, 2024

A 13.9 per cent rise in GST from domestic transactions and 8.5 per cent growth from the import of goods boosted the overall gross tally, according to an official statement.

GST collections rise to 10.4% to Rs 1.72 lakh crore in January: Finance Ministry

GST collections rise to 10.4% to Rs 1.72 lakh crore in January: Finance Ministry

Wed, Jan 31, 2024

GST Collections: This is overall the second-highest GST collection and the third time that the collections have crossed the Rs 1.70 lakh crore mark in FY 2023–24.

GST collections jump 10% to Rs 1.65 lakh crore in December

GST collections jump 10% to Rs 1.65 lakh crore in December

Mon, Jan 01, 2024

The GST figure marked an increase of 10.3 per cent compared with the corresponding period a year ago, according to a statement by the Ministry of Finance.

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Thu, Nov 02, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

Govt's duty cuts to impact customs, excise mop-up; GST to help achieve FY23 indirect tax target

Govt's duty cuts to impact customs, excise mop-up; GST to help achieve FY23 indirect tax target

Thu, Dec 08, 2022

Central Board of Indirect Taxes & Customs Chairman Vivek Johri said the government's cuts in duties will make collections on customs and central excise challenging for the fiscal.

Goods and Services Tax (GST) collection in September at over Rs 1.17 lakh crore: Finance Ministry

Goods and Services Tax (GST) collection in September at over Rs 1.17 lakh crore: Finance Ministry

Fri, Oct 01, 2021

Ministry of Finance on Friday released the GST Revenue collection for September 2021.

GST compensation: Rs 6,000 crore! Central Government releases 2nd tranche to 16 states, 3 UTs

GST compensation: Rs 6,000 crore! Central Government releases 2nd tranche to 16 states, 3 UTs

Mon, Nov 02, 2020

Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs.

Budget 2018: A case study on GST collections

Budget 2018: A case study on GST collections

Sun, Jan 28, 2018

If the GST collection rates continue to drop, the government might be prompted to announce additional government borrowing of a similar amount

How will RBI read the upcoming Budget?

How will RBI read the upcoming Budget?

Tue, Jan 23, 2018

Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.

GST mop-up,compliance unlikely to improve near-term: Report

GST mop-up,compliance unlikely to improve near-term: Report

Tue, Nov 28, 2017

"Both collection as well as compliance of GST remains low, with the compliance being at around 50 per cent and is unlikely to increase significantly till the complete framework including returns matching, e-way bill, and reverse charges, are implemented fully," it noted.

Revenue collected under GST in October at Rs 95,000 crore

Revenue collected under GST in October at Rs 95,000 crore

Sat, Nov 18, 2017

Modi, who heads the Group of Ministers (GoM) on GST Network, said the average revenue shortfall of all states for August was 28.4 per cent and it has come down to 17.6 per cent in October.

GST collections at Rs 92,150 crore in September

GST collections at Rs 92,150 crore in September

Tue, Oct 24, 2017

The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh businesses, the finance ministry said today. Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.

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