GST revenue mop-up scaled a monthly record high of over Rs 1.13 lakh crore in April, an increase of 10 per cent over the collection in the year-ago period, on the back of anti-evasion steps taken by tax officers. Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April 2019 is the second consecutive month when Goods and Services Tax (GST) collection exceeded Rs 1 lakh crore. In March, the mop-up was Rs 1.06 lakh crore.
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Watch GST collection for April scales to record high at Rs 1.13 lakh crore With HD Quality.
GST revenue mop-up scaled a monthly record high of over Rs 1.13 lakh crore in April, an increase of 10 per cent over the collection in the year-ago period, on the back of anti-evasion steps taken by tax officers. Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April 2019 is the second consecutive month when Goods and Services Tax (GST) collection exceeded Rs 1 lakh crore. In March, the mop-up was Rs 1.06 lakh crore.
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Watch GST collection for April scales to record high at Rs 1.13 lakh crore With HD Quality
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GDP के बाद मोदी सरकार को GST में भी झटका | GST collection drops below Rs 1 lakh crore in August
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The gross Goods and Services Tax (GST) revenue collected in March was at a record of Rs 1.24 lakh crore, touching the highest level since its introduction, the government said on Thursday. Of this, Central GST was Rs 22,973 crore, State GST Rs 29,329 crore, Integrated GST Rs 62,842 crore (including Rs 31,097 crore collected on import of goods) and cess Rs 8,757 crore (including Rs 935 crore collected on import of goods).
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GST collections set new record, hit an all-time high of Rs 1.24 lakh crore in March
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Benchmark equity indices on Tuesday hit fresh life-time highs riding on gains in Asian and US markets. A temporary deal between the US and China buoyed market sentiment with indices having nearly 2 per cent since both the countries agreed on a deal.Foreign investors have also turned bullish and have poured over Rs 800 crore into India equity markets.BSE barometer Sensex ended at 41,352, up 413 points or 1.01 per cent. It hit fresh record high of 41,401.65 intraday.
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Helped by government stimulus measures, the Goods and Services Tax (GST) collection in November crossed Rs 1 lakh crore, after dropping below the Rs 1 lakh crore level for three consecutive months amid a deceleration of economic growth. November's GST collection stood at Rs 1,03,492 crore, of which CGST was Rs 19,592 crore, SGST Rs 27,144 crore, IGST collections stood at Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess was recorded at Rs 7,727 crore (including Rs 869 crore collected on imports).
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