Govt releases Gross and Net GST Revenue Collections of July 2024
In a significant boost to India’s economic outlook, the Goods and Services Tax ( GST ) collections for July 2024 surged to ₹1.82 trillion, marking a...
Govt issues Strict Direction for GST Revenue Target Achievement: No leaves for GST/Revenue Officers till 31st March
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...
Highest Growth Rate in GST Revenue Collection: November 2023 Records a 15% YoY Increase, Reaching ₹1,67,929 Lakh Crore
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...
Disproportionate Share of GST Revenue: Tamil Nadu Govt Sets up Committee to Study Settlement Pattern of IGST
The Tamil Nadu Government has formed a committee to study the settlement pattern of Integrated Goods and Services Tax (IGST) to the State of Tamil Nadu consisting Anand Subramaniam, Former Chief...
Indian Money sent Abroad leads to Tax Evasion: GST Intelligence Probes Cyprus Online Gambling Company
A company named ‘Parimatch’, engaged in online betting and gambling operations in India, has been targeted by the Directorate General of GST Intelligence for sending Indian money abroad in attempts...
