The Goods and Services Tax (GST) collection for the month of March surged by 9.9% YoY to Rs 1.96 lakh crore, data from the government said.
Star Health and Allied Insurance Company Limited has received 25 tax demand orders from the Goods and Services Tax (GST) authorities across multiple states.
Under the able leadership of Haryana Chief Minister Nayab Singh Saini, who is also the Excise and Taxation Minister of the state, the Excise and Taxation Department has achieved significant growth in the collection of Goods and Services Tax (GST).
Vodafone Idea (Vi) stated through a filing to the Bombay Stock Exchange (BSE) on Friday that it plans to appeal against a Rs 16.73-crore Goods & Services (GST) demand order it has received from the Deputy Commissioner of the Large Taxpayer Unit of West Bengal.
Leader of Opposition in Lok Sabha Rahul Gandhi, who is on a two-day visit to his parliamentary constituency here, on Thursday said unemployment is on the rise in the country due to demonetisation and GST imposed by the BJP-led NDA government at the Centre.
Addressing media persons here on Wednesday, the AAP Farmers’ Wing, Himachal President, Aninder Singh Notty, accused the BJP governments at the Centre and the state of being anti-farmer.
Commenting on the five years of the GST, former finance minister P Chidambaram said, "In the last five years the defects of the GST have only become worse and all those touched by the GST have been seriously injured."
Narendra Modi said that the GST has furthered 'Ease of Doing Business' and fulfilled the vision of 'One Nation, One Tax'.
R G Agarwal, Chair, FICCI Committee on Crop Protection and Chairman, Dhanuka Group, said high Goods and Service Tax on crop protection chemicals especially hurts small and marginal farmers by increasing their input cost and prompting them to use these essential ingredients in sub-optimal quantities to the detriment of farm output and their own financial health.
An official note said the government has settled Rs 27,924 crore to CGST and Rs 23,123 crore to SGST from IGST. The total revenue of the Centre and the states in the month of May 2022 after the regular settlement is Rs 52,960 crore for CGST and Rs 55,124 crore for the SGST. In addition, the Centre has also released GST compensation of Rs 86912 crores to states and UTs on 31 May.
