Friday, May 3, 2024
₹0.00

No products in the cart.

HomeGST NEWSGST revenue fell 56% in April-May

GST revenue fell 56% in April-May

Date:

Related stories

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Case Details: Particular Details Case No. WP(MD)No. 24778 of 2022 Case Name Ramki Cements Pvt...

Anticipatory Bail for offences committed under GST Act

Case Details: Particular Details Case No. Bail Appln. No. 3771 of 2021 Case Name Tarun Jain...

Due to nationwide lockdown, the GST Collection and the consumption of diesel had fell by 56% and 42%, respectively in the first two months of the financial year i.e. April and May. However, the government official had said that economy is reviving since GST collections had improved in May month. GST, a tax on consumption, which fell by about 72% at Rs 32,172 crore in April this year, recovered substantially the following month to Rs 62,151 crore.

 

https://www.hindustantimes.com/india-news/gst-revenue-fell-56-in-april-may/story-E9dDKDTxL1BLcM1nWdMcAM.html

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here