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 ..