In a bid to meet the revenue targets set for the current financial year, the Central GST & Excise Commissionerate at Surat has issued a crucial direction to all Grade A & B officers. The office circular, dated 07.02.2024, follows the D.O. dated 18.01.2024 from Chief Commissioner, Vadodara Zone.
The directive, approved by the competent authority, underscores the importance of sustained efforts and operational continuity.
All officers in the mentioned grades – Grade A & Grade B are directed to abstain from routine leaves until 31st March 2024, unless faced with exceptional circumstances or for medical reasons.
In November 2023, the total gross GST revenue amounted to ₹1,67,929 crore, comprising CGST at ₹30,420 crore, SGST at ₹38,226 crore, IGST at ₹87,009 crore (including ₹39,198 crore from import of goods), and cess at ₹12,274 crore ( including ₹1,036 crore from import of goods ). From the IGST, the government disbursed ₹37,878 crore to CGST and ₹31,557 crore to SGST. The cumulative revenue for the Centre and States in November 2023, post-settlement, reached ₹68,297 crore for CGST and ₹69,783 crore for SGST.
Notably, the November 2023 GST revenues witnessed a 15% YoY increase, marking the highest for any month in the fiscal year 2023-24 until November 2023. Domestic transactions, including import of services, contributed to a 20% growth in revenue compared to the same month last year. This marks the sixth instance in fiscal year 2023-24 that gross GST collection surpassed the ₹1.60 lakh crore threshold.
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