Gross GST collection for December crossed Rs 1 lakh crore

The gross GST revenue for December showed a growth of 16% from its December 2018 figure, the finance ministry said.

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· Jan 02, 2020 · 01:34 pm

GST Council votes for the first time to approve single 28% rate for lotteries from March

Twenty-one states voted in favour of the uniform rate.

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· Dec 18, 2019 · 10:04 pm

Centre releases Rs 35,000 crore compensation to states, days before GST council meeting

The move comes after several states and Union Territories complained about the Centre’s failure to release GST compensation.

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· Dec 16, 2019 · 05:18 pm

‘GST collection was inadequate, will honour the compact with states,’ says Nirmala Sitharaman

The finance minister said GST rate reductions distorted the tax structure and credit became miniscule.

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· Dec 07, 2019 · 02:56 pm

GST compensation: Kerala threatens to go to SC as seven states ask Centre to clear dues immediately

Delhi’s Deputy Chief Minister and Finance Minister Manish Sisodia alleged that the Centre was deliberately holding back the money.

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· Dec 05, 2019 · 08:46 am

GST Council worried about strained revenue, asks states for ways to meet compensation needs: Reports

The states’ compensation requirements have increased significantly and are unlikely to be met from the cess being collected, the council told the states.

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· Dec 04, 2019 · 10:44 am

GST collection rises 6% in November, crosses Rs 1 lakh crore threshold after three months

The revenue collection in October was Rs 95,380 crore, 3.8% higher than the 19-month low of Rs 91,916 crore the month before.

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· Dec 01, 2019 · 03:08 pm

Five non-BJP states urge Centre to clear GST compensation due for two months

In a joint statement, the finance ministers of Delhi, West Bengal, Punjab, Rajasthan and Kerala said the delay has put them in acute financial position.

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· Nov 21, 2019 · 12:58 pm

GST collection rises 3.8% in October but remains below Rs 1 lakh crore for third straight month

The revenue collected in October was 5.3% lower than that in the same month last year.

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· Nov 01, 2019 · 06:28 pm

‘It’s law of the country, we can’t just damn it’: Nirmala Sitharaman loses cool after GST criticism

The finance minister got upset when a delegate at an event in Pune said the industry, consultants and auditors were all ‘cursing’ GST.

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· Oct 11, 2019 · 09:36 pm

GST reform: Centre sets up panel to suggest ways to raise revenue, gives it 15 days to submit report

In September, GST revenue dropped for the second consecutive month to a 19-month low of Rs 91,916 crore.

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· Oct 10, 2019 · 03:51 pm

GST collection in September falls to 19-month low of Rs 91,916 crore

This is the second month the collections failed to cross the Rs 1 lakh-crore threshold.

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· Oct 01, 2019 · 06:53 pm