• 

  GST collections rise 9.1 per cent to Rs 1.84 lakh crore in February

  Business | March 01, 2025 18:43 IST

  Total refunds issued during February were Rs 20,889 crore, a 17.3 per cent increase over the year-ago period. Net GST collections during February 2025 grew 8.1 per cent to about Rs 1.63 lakh crore.

• 

  GST collection in January rises 12.3 per cent to Rs 1.96 lakh crore: Govt data

  Business | February 01, 2025 19:28 IST

  Refunds of Rs 23,853 crore were issued during January, a rise of 24 per cent. Total net GST revenue, after adjusting refunds, stood at Rs 1.72 lakh crore, higher by 10.9 per cent.

• 

  Facing issues with GST portal? Govt likely to extend filing deadline for taxpayers

  January 10, 2025 16:34 IST

  The GST portal is facing significant technical glitches, causing disruptions in GSTR-1 filings for December 2024. Businesses and tax professionals have raised concerns about delays and operational challenges.

• 

  GST collection in December sees 7.3 per cent growth, reaches Rs 1.77 lakh crore

  Business | January 01, 2025 16:22 IST

  India’s GST collection for December 2024 surged by 7.3 per cent, reaching Rs 1.77 lakh crore, driven by robust economic activity and improved compliance. Highlights include Rs 86,400 crore in IGST and Rs 19,500 crore in cess. Top contributors: Maharashtra, Karnataka, Tamil Nadu, and Gujarat.

• 

  GST collection reports 8.5 per cent growth to Rs 1.82 lakh cr in November

  Business | December 01, 2024 19:55 IST

  GST was rolled out on July 1, 2017 heralding the start of 'One Nation, One Tax, One Market'. It subsumed at least 16 indirect taxes and cesses that previously existed in India, administered separately by the Centre and states, resulting in a greatly rationalised taxation structure.

• 

  GST collection grows 9 per cent to Rs 1.87 lakh crore in October month

  Business | November 01, 2024 16:40 IST

  GST from domestic transactions grew 10.6 per cent to Rs 1.42 lakh crore, while tax on imports rose about 4 per cent to Rs 45,096 crore during October 2024.

• 

  GST collections rise 6.5 per cent to Rs 1.73 lakh crore in September

  Business | October 01, 2024 19:31 IST

  Last month, domestic revenue grew 5.9 per cent to about Rs 1.27 lakh crore. Revenue from import of goods was up 8 per cent to Rs 45,390 crore.

• 

  GST collections surge by 10.3 per cent in July, cross Rs 1.82 lakh crore mark

  Business | August 01, 2024 19:57 IST

  In a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.

• 

  GST collection records 10 per cent year-on-year growth to Rs 1.73 lakh crore in May

  Business | June 01, 2024 20:05 IST

  According to Finance Ministry, the gross GST collection in the second month of financial year 2025 registered a n year-on-year growth due to increased revenues from domestic transactions amid slowing of imports.

• 

  Mizoram records over 50 per cent growth in GST collection in April

  Mizoram | May 04, 2024 11:30 IST

  Chief Minister Lalduhoma claimed that the state's financial condition is moving towards stability due to the austerity measures being implemented by legislators and officials.

• 

  GST collection hits record high of Rs 2.10 lakh crore in April

  Business | May 01, 2024 13:24 IST

  Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year.

Advertisement
• 

  DGGI summons foreign airlines operating in India over alleged tax evasion

  Business | February 15, 2024 21:50 IST

  DGGI, the investigative arm under the GST regime, said head offices of foreign airlines providing services like ental, maintenance of aircraft and crew salaries are taxable under the reverse charge mechanism. It has sought clarification from ten foreign airlines.

• 

  Average monthly GST collections to grow 11 per cent to Rs 1.85 lakh crore in FY25: Revenue Secretary

  Business | February 02, 2024 14:44 IST

  Finance Minister Nirmala Sitharaman highlighted the doubling of the GST taxpayer base and monthly revenues since its launch in her budget speech.

• 

  GST collections surge to second highest ever at 1.72 lakh crore in January

  Business | February 01, 2024 7:13 IST

  The highest-ever monthly GST collection was recorded in April 2023 at Rs 1.87 lakh crore.

• 

  Gross GST collection rises by 12% to Rs 14.97 lakh crore in during April-December 2023 period

  Business | January 01, 2024 17:51 IST

  The average monthly gross GST collection of Rs 1.66 lakh crore in the first nine-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23.

• 

  GST revenue collection for October 2023 marks significant growth, surpassing Rs. 1.72 lakh crore

  Business | November 01, 2023 15:39 IST

  In October 2023, India's Goods and Services Tax (GST) collection reached an impressive ₹1.72 lakh crore, marking the second-highest collection ever recorded, with a remarkable year-on-year growth of 13%.

• 

  GST collection rises 10% in September, crosses 1.60 lakh mark for the fourth time this fiscal

  Business | October 01, 2023 16:32 IST

  According to the finance ministry, the revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year.

• 

  GST collections in July register growth of 11 per cent to Rs 1.65 lakh crore: Finance Ministry

  Business | August 01, 2023 17:03 IST

  According to official data, the GST revenues generated in July were 11 per cent higher than it was registered in the same month in 2022.

• 

  GST revenue collection grows 12% YoY at Rs 1.61 lakh crore in June | CHECK details

  Business | July 01, 2023 15:54 IST

  The revenues for the month of June 2023 are 12 per cent higher than the GST revenues in the same month last year.

• 

  GST collections rise 12 per cent to Rs 1.57 lakh crore in May: Finance Ministry

  Business | June 01, 2023 17:31 IST

  The GST collections in May saw a rise of 12 per cent which indicates a bullish trend in the Indian economy amid global challeges.