India: GST collections remain above for ₹1.4 lakh crore for sixth straight month | Details
  • 02 Sep 2022 06:01 PM
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India: GST collections remain above for ₹1.4 lakh crore for sixth straight month | Details

Source: https://www.livemint.com/videos/india-gst-collections-remain-above-for-rs-1-4-lakh-crore-for-sixth-straight-month-details-11662059828623.html

Government of India collected goods and services tax (GST) worth ₹1,43,612 crore in August this year. According to the finance ministry, the revenue collected in August was 28% higher than the one collected in the same month last year.

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August GST revenue collection up 28% YoY at Rs 1.44 lakh cr
  • 02 Sep 2022 06:08 PM
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August GST revenue collection up 28% YoY at Rs 1.44 lakh cr

Source: https://economictimes.indiatimes.com/small-biz/gst/august-gst-revenue-collection-up-28-yoy-at-rs-1-44-lakh-cr/articleshow/93944718.cms

The gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministry said in a statement on Thursday. With this, the monthly GST revenues have exceeded Rs 1.4 lakh crore for six months in a row.

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August GST receipts to cross ₹1.42 trillion
  • 01 Sep 2022 06:07 PM
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August GST receipts to cross ₹1.42 trillion

Source: https://www.livemint.com/economy/august-gst-receipts-to-cross-rs-1-42-trillion-11661964389987.html

NEW DELHI : Goods and Services Tax (GST) collections for August is estimated to cross ₹1.42 trillion, growing by 27% from the same time a year ago, department of economic affairs secretary Ajay Seth said at a briefing.

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August GST collections at ₹1.44 lakh crore, up 28% year-on-year
  • 01 Sep 2022 06:14 PM

August GST collections at ₹1.44 lakh crore, up 28% year-on-year

Source: https://www.livemint.com/economy/august-gst-collections-at-rs-1-44-lakh-crore-up-28-yearonyear-11662014192216.html

The revenues for the month of August 2022 are 28% higher than the GST revenues in the same month last year of ₹ 1,12,020 crore

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Centre, states collect over ₹1.43 trillion in GST in August
  • 01 Sep 2022 06:18 PM

Centre, states collect over ₹1.43 trillion in GST in August

Source: https://www.livemint.com/economy/centre-states-collect-over-rs-1-43-trillion-in-gst-in-august-11662018048422.html

New Delhi: Central and state governments collected over ₹1.43 trillion in Goods and Services Tax (GST) revenue in August, showing a 28% jump from a year ago. In August 2021, the GST mop-up was ₹1.12 trillion.

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Include petroleum products, electricity, real estate in GST, suggests EY
  • 31 Aug 2022 05:58 PM

Include petroleum products, electricity, real estate in GST, suggests EY

Source: https://www.livemint.com/economy/include-petroleum-products-electricity-real-estate-in-gst-suggests-ey-11661866266437.html

NEW DELHI : Inclusion of petroleum products, electricity and real estate within the ambit of Goods and Services Tax (GST) will make Indian manufacturing sector more competitive, according to a book on GST brought out by EY, which gave sector specific suggestions on indirect tax reforms.

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Indian Railways clarifies GST rules applicable on train ticket cancellation
  • 31 Aug 2022 06:03 PM

Indian Railways clarifies GST rules applicable on train ticket cancellation

Source: https://www.livemint.com/news/india/indian-railways-clarifies-gst-rules-applicable-on-train-ticket-cancellation-11661911463777.html

Indian Railways have issued a clarification on the cancellation of confirmed tickets by the passengers after reports claimed that GST would be levied on the cancellation of railway tickets by the passengers.

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GST revision can enable India achieve $5 trillion economy: EY
  • 30 Aug 2022 06:28 PM

GST revision can enable India achieve $5 trillion economy: EY

Source: https://economictimes.indiatimes.com/small-biz/gst/gst-revision-can-enable-india-achieve-5-trillion-economy-ey/articleshow/93877560.cms

The book recommends the policy measures required to reform GST hinging on revenue buoyancy, world-class dispute resolution, institutional strengthening, and enhancing the ease of doing business.

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Request to reconsider method of implementation of Punjab State Development Tax
  • 30 Aug 2022 06:34 PM

Request to reconsider method of implementation of Punjab State Development Tax

Source: https://taxguru.in/goods-and-service-tax/request-reconsider-method-implementation-punjab-state-development-tax.html

Representation with humble request to reconsider the method of implementation of Punjab State Development Tax (PSDT) in the interest of taxpayers

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