Central GST
GST Council meet
On June 12, 2020, the Finance Minister Nirmala Sitaraman chaired the 40th GST Council Meet. Highlights The minister at the meet announced that no late fee will be charged from the taxpayers (small taxpayers) that had filed GST returns between ..
Month: Current Affairs - June, 2020
Second National GST Conference of Central and State Tax Commissioners held
On January 7, 2020, the second National GST Conference and Central and State Commissioners was held to streamline the Goods and Services Tax. The Revenue Secretary of Ministry of Finance Dr Ajay Bhushan Pandey was the Chairman of the conference ..
Month: Current Affairs - January, 2020
GST Revenue Collection during December 2019
The Goods and Services Tax (GST) revenue collection for the month of December 2019 has shown a growth of 16% as compared to that from the previous year in December 2018. A total of Rs 1,03,184 crore has been collected ..
Month: Current Affairs - January, 2020
Finance Minister chairs GST Council Meeting
On December 18, 2019, Finance Minister Nirmala Sitaraman chaired the GST Council Meeting in New Delhi. The meeting was held to address the backdrop of falling collections for the current fiscal. Highlights For the first time, the council has used ..
Month: Current Affairs - December, 2019
GST Stakeholder Feedback Diwas
The Authorities of Central Goods and Services Tax (GST) and State GST will be organizing a nationwide GST Stakeholder Feedback Diwas today, 7th December 2019. The Feedback Diwas is on getting an on the spot response and thoughts on the ..
GST Revenue Collection Report for November 2019
According to a report published by the Ministry of Finance, Gross Goods and Services Tax(GST) revenue collected in November was Rs 1,03,492 crore out of which Central GST (CGST) is around Rs 19,592 crore, State GST (SGST) of Rs 27,144 ..
Rs 3.26 Lakh Crore Central GST Collection in First 8 Months of the Fiscal
Minister of State for Finance, Anurag Singh Thakur in a written reply to the Lok Sabha on Monday, November 25 informed that the central Goods and Service Tax (GST) collections till October 2019 for the financial year 2019-20 stood at ..
Government implements Project ‘SPARROW-CBIC’ for online writing of APAR
Government of India has now implemented Project ‘SPARROW-CBIC’ for online writing of Annual Performance Appraisal Report (APAR) in SPARROW, for over 46,000 Group ‘B’ and Group ‘C’ Officers of Central Board of Indirect Taxes & Customs (CBIC) working in its ..
Month: Current Affairs - May, 2019
GST Revenue Touches Record High in March
The statement from the Finance Ministry states that GST collections scaled to a record high of Rs 1.06 trillion in March. The revenue collection was Rs 97,247 crore in the month of February. Record Revenue Mobilisation The record revenue collection ..