Tag: GST News
GST NEWS
Madhya Pradesh registers 17% growth in GST collection in October
Madhya Pradesh has seen growth of 17.09% in Goods and Services Tax collections of October’2020 month. In whole nation, revenues have surpassed Rs 1.05...
GST NEWS
Centre to transfer second tranche of funds to states to meet GST shortfall
The Centre has transferred Rs.6,000crore to sixteen states and three union territories under the special borrowing arrangement. This amount was raised at a weighted...
GST NEWS
Chhattisgarh, Andhra Pradesh record highest spike in October’s GST collection
Chattisgarh and Andhra Pradesh have recorded highest GST Collection in October 2020 at Rs 404 crore and Rs 505 crore respectively. Chhattisgarh recorded a...
GST NEWS
Gujarat HC denies Integrated GST rebate to advance authorisation license holders
The Gujarat High Court has denied rebate or refund of advance authorisation licenses prospectively from October 2017. The ruling is given in a case...
GST NEWS
GST compensation explained: Why states are on the warpath against Modi government
The states who dissent on the borrowing options, still want Centre to borrow entire shortfall in GST Compensation cess. Out of the states’ total...
GST NEWS
GST collection from centrally administered assessees rise by 10.16% in September in Bengal
GST collection in West Bengal has increased by 10.16 per cent in September 2020. The collection from CGST, IGST and coal cess from centrally...
GST NEWS
Festive sales see Maharashtra’s GST kitty swell 4.2% over last Oct
The Maharashtra GST collections Rs 4,768 crore by October 27, which is 4.24% higher than in the corresponding month in 2019. The figure is...
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