Tag: GST
GST NEWS
Covid, ‘high’ GST rate force Toyota to go slow on hybrids
The Toyota Kirloskar Motor has postponed the launch of hybrid version of some of its models due to COVID and high GST rate. TheToyota...
GST NEWS
Chandigarh tops GST charts with 83% collection
The GST collections from April to July 2020 were 83.10% and Chandigarh has topped the list in terms of return filing. Gujarat and Punjab...
GST NEWS
Data: Compared to 2019, GST Collection fell by more than 25% during March to June 2020 in 27 States/UTs
On 1st August, 2020 a press release was issued that mentioned that the gross GST revenue collected for July 2020 was ₹ 87.4 thousand...
GST NEWS
GST compensation, Centre’s revenue deficit grant shores up Himachal’s first-quarter revenue
The Himachal Pradesh state had earned GST revenue of around Rs.7,000crore from April to June (first quarter). The state’s own revenue had decreased by...
GST NEWS
Punjab’s GST inflow in April-July 38% short of last year’s mop-up
In the first four months of current fiscal year, the Punjab government had suffered a loss of GST of 38%. According to taxation department,...
GST NEWS
Prime Minister’s Office asks finance ministry to explain the GST payout mess
The Prime Minister office had asked the finance ministry the current financial situation in terms of revenue collection. The confusion had begin to spread...
GST NEWS
Odisha records 13 percent GST growth in July
In the current financial year, the state of Odisha had shown positive growth. In the month of July 2020, its collection had raised to...
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