GST collection surges by 10 pc to Rs 1.75 trillion in August
The rise in domestic GST collection was 9.2 per cent, while that from imports was over 12.1 per cent.
The rise in domestic GST collection was 9.2 per cent, while that from imports was over 12.1 per cent.
A plea has been filed before the Supreme Court challenging the constitutionality of certain amendments introduced in the Constitution for implementing Goods and Services Tax (GST), which will be heard by a bench headed by CJI D.Y. Chandrachud on Monday.
Union Minister for Road, Transport and Highways, Nitin Gadkari on Thursday said that India is the fastest growing economy in the world while underscoring the need to develop industries and trade for the growth of the country.
GST council is likely to give clarity on whether tax collected at source (TCS) should be deducted by the buyer or the e-commerce platform
An official spokesperson said Punjab's GST revenue receipts in September 2021 stood at Rs 1316.51 Crore against Rs 1055.24 Crore for the same period the previous year (September 2020).
Goods and Services Tax mop up in September was the highest so far this fiscal.
Leaders who were protesting in front of Mahatma Gandhi statue at the Parliament premises were sloganeering 'We want compensation of the GST.'
'Many have been badly affected by this- lakhs of poor families, crores lost their jobs, states' economy was affected,' he said.
The Union HRD minister, Ramesh Pokhriyal Nishant’s cavil that “uninformed comment” has greeted the decision of the Union government, will cut no ice.
Making systemic changes and sharpening the tools that would facilitate sustainable transformation require the political leadership to possess an acute understanding of the governance process and a statesmanlike long-term vision. The government has to show resolve with compassion, the Opposition has to be critical yet constructive, and the public adequately informed and rational.
