The Centre has detected goods and services tax (GST) evasion worth Rs 824.14 crore by crypto exchanges, such as Binance, WazirX, CoinDCX, and CoinSwitch Kuber, the Lok Sabha was informed.
CII Eastern Region, today, facilitated an interactive session with Shrawan Kumar, IRS, chief commissioner, CGST & Central Excise Kolkata and Manoj Kumar Kedia, IRS, principal commissioner, CGST & Excise Kolkata, with various industry stakeholders in Kolkata.
The GST Council will hold its next meeting in Rajasthan’s Jaisalmer on December 21, during which it is likely to take a decision on exempting or lowering the GST rate on health and life insurance.
It is the eighth consecutive month when GST collections stayed above the Rs 1.7 lakh crore mark.
The officials from the Kerala Goods and Services Tax (GST) department have seized 104 kg of unaccounted gold valued at around Rs 75 crore in massive raids across gold jewellery-manufacturing units, wholesale outlets and residences in Thrissur district. The raids began on Wednesday and concluded on this morning.
Odisha has recorded a growth of 25.13 per cent with mop-up of OGST and IGST Settlement of Rs. 1732.49 Cr during June 2023.
Union Finance Minister Nirmala Sitharaman said on Saturday that the Goods and Services Tax (GST) has done justice to consumers by bringing the rates down compared to the previous Government.
The total revenue of Centre and the states in June after regular settlement was Rs 67,237 crore for CGST and Rs 68,561 crore for the SGST.
The request from Odisha CM comes a fortnight ahead of the GST Council meeting, to be held on July 11 in the national capital.
The present exports' figures from Rajasthan were calculated at Rs 77,771 crore in the year 2022-23 as against Rs 46,476 crore in the year 2017-18.
