Deadline for Filing FY19 GST Annual Returns Extended Till December 31
4 years, 2 months ago

Deadline for Filing FY19 GST Annual Returns Extended Till December 31

News 18  

The government on Saturday extended the deadline for furnishing GST annual returns for FY 2018-19 by two months till December 31. The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31, 2020. In a statement, the Central Board of Indirect Taxes and Customs said the government has been receiving a number of representations regarding need to extend due date for filing Annual Return and Reconciliation Statement for FY 2018-19. "In view of the same, on the recommendations of the GST Council,it has been decided to extend the due date for filing Annual Return and Reconciliation Statement for Financial Year 2018-19 from October 31, 2020 to December 31, 2020," the CBIC said.

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History of this topic

GSTR-9 simplified: Filing, features, deadlines and other details
2 days, 6 hours ago

GSTR-9 simplified: Filing, features, deadlines and other details

India Today  

GSTR-9 is the annual return to be filed by taxpayers registered under Goods and Services Tax, offering a comprehensive overview of sales, purchases, and the GST charged and paid during the financial year. GSTR-9 is mandatory for GST taxpayers with an aggregate annual turnover exceeding Rs 2 crore for the financial year 2023-2024. However, the following categories are exempt from …

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues
3 months, 3 weeks ago

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues

The Hindu  

The Goods and Services Tax Council, entrusted with overseeing the seven-year-old indirect tax regime, is slated to meet on September 9. The Council, whose parleys steered by the Union Finance Minister with States’ representatives are critical for resolving taxpayer challenges and setting broader policy direction, ought to meet regularly at such frequency. Beyond the broader revamp, the Council could also …

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1
3 months, 4 weeks ago

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1

The Hindu  

GST taxpayers who do not furnish bank account details to GST authorities will be barred from filing outward supply return GSTR-1 from September 1, GST Network has said in an advisory. As per GST Rule 10A, a taxpayer is required to furnish details of a valid bank account within a period of 30 days from the date of grant of …

GST Council Rolls Out GSTR-1A To Facilitate The Taxpayers To Amend Details In FORM GSTR-1
6 months ago

GST Council Rolls Out GSTR-1A To Facilitate The Taxpayers To Amend Details In FORM GSTR-1

Live Law  

The Union Finance Minister, Nirmala Sitharaman in the 53rd GST Council Meeting proposed to roll out GSTR-1A to facilitate the taxpayers to amend the details in FORM GSTR-1.The Council recommended providing a new optional facility by way of FORM GSTR-1A to facilitate the taxpayers to amend the details in FORM GSTR-1 for a tax period and/ or to declare additional …

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT
6 months ago

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT

Live Law  

The newly appointed Union Finance Minister, Nirmala Sitharaman, headed this meeting. It is the GST Council's first meeting after the 2024 Lok Sabha elections.The GST Council recommended amending Section 112 of the CGST Act, 2017 to allow the three-month period for filing appeals before the Appellate Tribunal to start from a date to be notified by the Government in respect …

Move ahead: On GST and reform
6 months ago

Move ahead: On GST and reform

The Hindu  

Revenues from the Goods and Services Tax, which completes seven years at the end of this month, hit a record high of ₹2.1 lakh crore in April that typically sees higher inflows due to a year-end compliance rush. Although gross revenues from domestic transactions grew 15.3%, accelerating from a 13.4% rise a month earlier, revenues from goods imports dipped for …

GST collection rises 10% to ₹1.73 lakh crore in May
6 months, 3 weeks ago

GST collection rises 10% to ₹1.73 lakh crore in May

The Hindu  

The country's gross GST collections rose to ₹1.73 lakh crore in May, growing 10% year on year driven by increased revenues from domestic transactions, the finance ministry said on Saturday. After accounting for refunds, the net GST revenue for May 2024 stood at ₹1.44 lakh crore, reflecting a growth of 6.9% compared to the same period last year. The gross …

A reform window: On the GST trajectory
8 months, 3 weeks ago

A reform window: On the GST trajectory

The Hindu  

The financial year 2023-24 appears to have ended on a high on the revenue front. Net direct tax collections rose 19.9% by mid-March to hit 97% of revised Budget targets, while the Goods and Services Tax has yielded a robust ₹20.18 lakh crore. Gross GST revenues in March, for transactions undertaken in February, crossed ₹1.78 lakh crore, the second highest …

GST collections up 12.54% in February 2024
9 months, 3 weeks ago

GST collections up 12.54% in February 2024

The Hindu  

India’s gross revenues from the Goods and Services Tax grew at a three-month high pace of 12.54% in February to cross ₹1.68 lakh crore, marking the fourth-highest monthly collections from the tax. February’s GST revenue growth reflected the third highest uptick in 2023-24 and lifted the total collections so far this year to ₹18.4 lakh crore, 11.7% above the same …

GST revenues rev up to second-highest ever in Jan.
10 months, 3 weeks ago

GST revenues rev up to second-highest ever in Jan.

The Hindu  

India’s Goods and Services Tax regime delivered its second-highest monthly revenues of ₹1,72,129 crore in January, as per data collected by Wednesday evening and shared by the Finance Ministry. In April 2023, GST collections had crossed a record ₹1.87 lakh crore aided by year-end compliances, while October had clocked a tad over ₹1.72 lakh crore which was the second-highest monthly …

Gross GST collection rises by 12% to Rs 14.97 lakh crore in during April-December 2023 period
11 months, 3 weeks ago

Gross GST collection rises by 12% to Rs 14.97 lakh crore in during April-December 2023 period

India TV News  

Gross GST collection: The gross GST collection has jumped up by 12 per cent to Rs 14.97 lakh crore in the April-December 2023 period, the Finance Ministry informed on Monday. "During the April-December 2023 period, gross GST collection witnessed a robust 12 per cent y-o-y growth, reaching Rs 14.97 lakh crore, as against Rs 13.40 lakh crore collected in the …

Government extends deadlines for GST officers to issue demand notices for FY 2019, 2020
11 months, 3 weeks ago

Government extends deadlines for GST officers to issue demand notices for FY 2019, 2020

The Hindu  

GST officers have been given more time to issue demand notices for discrepancies in annual returns for 2018-19 and 2019-20 financial years. On December 28, the government extended the deadline in this regard for 2018-19 fiscal to April 30, 2024 and for 2019-20 fiscal to August 31, 2024. Currently, the deadline is March 31, 2024 and June 30, 2024, for …

GST Evasion: Government expecting ₹50,000 crore mop-up on recovery of dues
1 year, 2 months ago

GST Evasion: Government expecting ₹50,000 crore mop-up on recovery of dues

Live Mint  

The Indian government is expected to recover ₹50,000 crore in evaded Goods and Services Tax in FY24, Business Standard reported. A substantial portion of this recovery is expected to come from incorrect claims of input tax credit by insurance companies, GST payments on expatriate services under the reverse charge mechanism, illicit clearances of tobacco products, and property transactions, the report …

'File ITR at earliest as govt not contemplating extension of July 31 deadline'
1 year, 5 months ago

'File ITR at earliest as govt not contemplating extension of July 31 deadline'

Deccan Chronicle  

New Delhi: Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry is not contemplating extension of the July 31 deadline. About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23. As per the Budget 2023-24, …

File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary
1 year, 5 months ago

File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary

India TV News  

As the finance ministry is not contemplating an extension of the July 31 deadline, Revenue Secretary Sanjay Malhotra has urged the income taxpayers to file their returns at the earliest. About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23. As per the Budget 2023-24, the …

India's Gross GST Revenue Collection Up 12% in June
1 year, 5 months ago

India's Gross GST Revenue Collection Up 12% in June

Deccan Chronicle  

NEW DELHI: With India’s goods and services tax or GST having completed six years on Saturday, the ministry of finance said that India's gross GST revenue collection in June stood at over Rs 1.61 lakh crore, registering a 12 per cent growth year-on-year basis. However, the gross GST collection crossed Rs 1.6 lakh crore mark for fourth time since inception …

7 common mistakes to avoid while filing GST
1 year, 6 months ago

7 common mistakes to avoid while filing GST

India Today  

Accurate filing of Goods and Service Tax returns is crucial to avoid unnecessary reconciliation and ensure compliance. UNDERSTANDING GST RETURNS: A GST return is a comprehensive document that encompasses all income, sales, expenses, and purchases that GST-registered taxpayers are required to report to the tax authorities. TYPES OF GST RETURNS: The Goods and Service Tax has a range of returns, …

CBIC Rolls Out Automated Return Scrutiny Module For GST Returns In ACES-GGST Backend Application For Central Tax Officers
1 year, 7 months ago

CBIC Rolls Out Automated Return Scrutiny Module For GST Returns In ACES-GGST Backend Application For Central Tax Officers

Live Law  

The Central Board of Indirect Taxes and Customs has rolled out the Automated Return Scrutiny Module for GST returns in the ACES-GST backend application for Central Tax Officers.During the recent review of the performance of the CBIC, Union Minister for Finance and Corporate Affairs Smt. The Central Board of Indirect Taxes and Customs has rolled out the Automated Return Scrutiny …

At ₹1.87 lakh crore, GST continues to impress
1 year, 7 months ago

At ₹1.87 lakh crore, GST continues to impress

Hindustan Times  

April’s monthly collections for Goods and Services Tax – they track tax collections for the month of March – have come at an all-time high of ₹1.87 lakh crore. While part of the increase is just seasonality – March generally sees a higher tax collection because it is the last month in the fiscal year – it cannot be denied …

Businesses can revoke GST registration cancellation by June 30th
1 year, 8 months ago

Businesses can revoke GST registration cancellation by June 30th

Hindustan Times  

The government has allowed businesses, whose GST registrations were cancelled for non-filing of returns, to apply for revocation of the cancellation by June 30, after paying due taxes, interest and penalty. Also, the finance ministry has capped the late fee at ₹1,000 for the registered persons who fail to furnish the final return in Form GSTR-10 by the due date, …

High GST collection reveals robustness of Indian economy
1 year, 8 months ago

High GST collection reveals robustness of Indian economy

Hindustan Times  

The government on Friday released Goods and Services tax collection data for the month of March, which has two important messages – the new indirect tax regime that was launched on July 1, 2017, has now undoubtedly matured; and the sustained buoyancy on the tax on consumption for 12 consecutive months despite global headwinds underscores the resilience of the Indian …

GST Council Meeting Starts; Key Matters on Agenda
1 year, 10 months ago

GST Council Meeting Starts; Key Matters on Agenda

News 18  

The GST Council meeting started here on Saturday and is likely to discuss setting up of appellate tribunals, and mechanism to curb tax evasion in pan masala and gutkha business, among other matters. Union Finance Minister Nirmala Sitharaman is chairing the 49th meeting of the GST Council. “Along with the Union Finance Minister, Union Minister of State for Finance Shri …

High govt revenue: What it means for Budget 2023
1 year, 10 months ago

High govt revenue: What it means for Budget 2023

Live Mint  

New Delhi: As it prepares to present the 2023-24 budget, the Centre finds itself blessed with a good revenue position. For each of the three years till 2020-21, growth in overall GST collections lagged nominal GDP growth. The three major tax heads of the Centre—income tax, corporation tax, and central GST, which account for about 80% of its gross tax …

CBIC Extends Due Date For Filing GSTR-1 For The Month Of November 2022 For Several Districts In Tamil Nadu
2 years ago

CBIC Extends Due Date For Filing GSTR-1 For The Month Of November 2022 For Several Districts In Tamil Nadu

Live Law  

The Central Board of Indirect Taxes and Customs has extended the due date for filing GSTR-1 for the month of November 2022 in several districts of Tamil Nadu till December 13.The deadline for filing the GSTR-1 in Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tiruvannamalai, Ranipet, Vellore, Villupuram, Cuddalore, Thiruvarur, Nagapattinam, Mayiladuthurai, and Thanjavur has. The Central Board of Indirect Taxes and Customs …

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal
2 years, 2 months ago

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal

Firstpost  

Due to the slow functioning of the GSTN portal, the GST Implementation Committee of the GST Council had approved extension of the due date of GSTR-3B return filing for the month of September 2022, for the monthly filers, from 20 October to 21 October. The Central Board of Indirect Taxes and Customs stated in a tweet that it had received …

Govt extends deadline for filing September GST return till Oct 21
2 years, 2 months ago

Govt extends deadline for filing September GST return till Oct 21

India TV News  

Highlights Monthly return and tax payment form GSTR-3B is filed in staggered manner The form is filed between the 20th, 22nd, and 24th of each month by taxpayers GST Network provides the technology backend for running Goods and Services Tax The government has extended the deadline for filing GST returns for the month of September by a day to October …

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark
2 years, 3 months ago

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark

The Hindu  

India’s gross revenues from the Goods and Services Tax were ₹1,43,612 crore in August, 28% higher than a year ago. This is the sixth successive month when GST revenues have been over the ₹1.4 lakh crore mark, the Finance Ministry said, stressing that GST collections have risen 33% till August this year, compared to the same period of 2021-22, and …

GSTN Implement Mandatory Mentioning Of HSN Codes In GSTR-1
2 years, 4 months ago

GSTN Implement Mandatory Mentioning Of HSN Codes In GSTR-1

Live Law  

The Goods and Service Tax Network has notified the implementation of the mandatory mentioning of HSN codes in GSTR-1. 78/2020 dated October 15, 2020, taxpayers must report a minimum of 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1 based on their Aggregate Annual Turnover in the preceding fiscal year. Manual user entry of HSN or description …

Finance Ministry Confirms That Some States Have Sought Extension Of GST Compensation For A Further Period Of Five Years.
2 years, 5 months ago

Finance Ministry Confirms That Some States Have Sought Extension Of GST Compensation For A Further Period Of Five Years.

Live Law  

The Finance Ministry has confirmed that some states have sought extension of GST compensation for a further period of five years. As per section 18 of the Constitution Act, 2016, Parliament shall, on the recommendation of the GST Council, provide for compensation to the States for loss of revenue arising on account of the GST for a period of five …

CBIC Exempts Registered Person From Filing Annual Return Whose Aggregate Turnover In FY 2021-22 Is Upto Rs. 2 Crores
2 years, 5 months ago

CBIC Exempts Registered Person From Filing Annual Return Whose Aggregate Turnover In FY 2021-22 Is Upto Rs. 2 Crores

Live Law  

The Central Board of Indirect Taxes and Customs, on the recommendation of the GST Council, has exempted the registered person from filing an annual return whose aggregate turnover in the financial year 2021-22 is up to Rs. The Board has inserted a provision that the persons shall furnish a statement containing the details of self-assessed tax in FORM GST CMP-08 …

GST: No Need For FY22 Annual Return if Turnover Up To Rs 2 Crore; UPI Allowed For GSTN Payment
2 years, 5 months ago

GST: No Need For FY22 Annual Return if Turnover Up To Rs 2 Crore; UPI Allowed For GSTN Payment

News 18  

GST Council Recommendations Accepted: The government has exempted registered persons whose aggregate turnover in the financial year 2021-22 was up to Rs 2 crore from filing the annual return for the financial year. Jain said, “The government has granted the exemption to taxpayers with aggregate turnover of up to Rs 2 crore in FY 2021-22 from filing annual return for …

In charts, the GST’s five-year report card
2 years, 5 months ago

In charts, the GST’s five-year report card

Live Mint  

Five years ago, the goods and services tax was launched as one of India’s biggest reforms in recent years, with the purpose of making indirect taxes “good and simple". View Full Image Chart-1 The GST regime has completed five years and the guaranteed compensation for loss in revenue to states ceases to exist. View Full Image Chart-2A View Full Image …

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards
2 years, 5 months ago

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards

News 18  

Goods and Service Tax Council in a bid to ease the burden of taxpayers has decided on a waiver of late fee for delay in filing FORM GSTR-4 for FY 2021-22 and extension of due date for filing form GST CMP-08 for Q1 of FY 2022-23. The GST Council decided on a waiver of late fee for delay in filing …

GST Council Meet: Pre-Packed Items Under GST; 28% Tax On Casino Deferred; Key Decisions
2 years, 5 months ago

GST Council Meet: Pre-Packed Items Under GST; 28% Tax On Casino Deferred; Key Decisions

News 18  

The GST Council on Wednesday decided to accept the group of ministers’ interim reports on the correction of duty inversion and exemption. The Council has also decided to impose a GST of 18 per cent on the fees charged by banks for the issue of cheques ; bring hotel rooms under Rs 1,000 per day under the 12 per cent …

GST Council Amends GSTR-3B, Extends GSTR-4 Deadline, Eases Compliance for Taxpayers
2 years, 5 months ago

GST Council Amends GSTR-3B, Extends GSTR-4 Deadline, Eases Compliance for Taxpayers

News 18  

To ease the burden on the taxpayers, the Goods and Service Tax Council has decided a host of changes in its two-day meeting, starting on Tuesday. In the wake of Covid-19 outbreak, the GST Council has waived requirement for filing refund claims by condoning the two-year period between March 1 2020 and February 28 2022, sources told CNBC-TV18. The GST …

GST Council Meet Begins: 28% GST on Online Gaming, States' Compensation; Key Agendas Today
2 years, 5 months ago

GST Council Meet Begins: 28% GST on Online Gaming, States' Compensation; Key Agendas Today

News 18  

From taxpayers to policymakers, all eyes are set on the two-day meeting of the Goods and Services Tax Council, starting from Tuesday. GST compensation to states, GST rate revisions of certain items and services, and easier compliance norms for taxpayers are on top of the agenda for the 47th GST Council meeting. Ahead of the GST Council meeting, Kerala’s finance …

GST Council meet: States' compensation, easier e-comm suppliers' registration, tax tweaks on cards
2 years, 5 months ago

GST Council meet: States' compensation, easier e-comm suppliers' registration, tax tweaks on cards

India TV News  

GST Council meet: The 47th GST Council meeting that is currently underway is slated to discuss a host of issues, including a mechanism for compensating states for revenue loss, tax rate tweaks in some items and relaxed registration norms for small online suppliers. Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state …

The road ahead for GST as it completes 5 years
2 years, 5 months ago

The road ahead for GST as it completes 5 years

Live Mint  

The Goods and Services Tax Council meets for two days from Tuesday as the landmark indirect tax reform completes five years. The 47th meeting of the GST Council will be held at a time tax authorities are planning to improve the efficiency of the GST architecture even as the economy continues healing after the pandemic. Pruning the list of GST …

GST: Deadline To File Returns Under These Categories Ending Today
2 years, 6 months ago

GST: Deadline To File Returns Under These Categories Ending Today

News 18  

Goods and services tax : Today is the last day to file the monthly GSTR-3B return for May for taxpayers who are not under the QRMP scheme, according to the Central Board of Indirect Taxes & Customs. For non-resident GST taxpayers, June 20 is the last day for filing monthly GSTR-5 Return for the month of May. Today is the …

CBIC Waives Late Fees For Delayed Filing Of GSTR-4 Till 30 June, 2022
2 years, 6 months ago

CBIC Waives Late Fees For Delayed Filing Of GSTR-4 Till 30 June, 2022

Live Law  

The Central Board of Indirect Taxes and Customs has waived the late fees for delayed filing of GSTR-4 from May 1, 2022 till June 30, 2022. The CBIC, empowered under section 128 of the Central Goods and Services Tax Act, 2017 on the recommendations of the Council, amended notification No. "Provided also that the late fee payable for delay in …

GST revenues at all-time high of Rs 1.68 lakh cr in April
2 years, 7 months ago

GST revenues at all-time high of Rs 1.68 lakh cr in April

India TV News  

Highlights The increase is mainly because of improved compliance and recovery in business activity During the month, 1.06 crore GST returns from GSTR-3B were filed Revenues from import of goods were 30 per cent higher The GST collection in April touched the highest ever level of about Rs 1.68 lakh crore, up 20 per cent from the year-ago period, on …

Types of GST Returns and how to file: Step-by-step guide
2 years, 9 months ago

Types of GST Returns and how to file: Step-by-step guide

India Today  

Goods and services tax is an indirect tax applicable from July 1st, 2017 across India. Who has to file GST Return: All registered businesses have to file monthly, quarterly, and/or annual GST Returns based on the type of business. List of GST Returns: GSTR-1 - The registered taxable supplier should file details of outward supplies of taxable goods and services …

GSTR-1 Filing Rule Set to Change from Next Month. Know Details
3 years, 3 months ago

GSTR-1 Filing Rule Set to Change from Next Month. Know Details

News 18  

As of next month, taxpayers who have not yet filed their GSTR-3B returns for the past two months will not be allowed to file GSTR-1 return forms. This new rule change also applies to those taxpayers who have not furnished their Form GSTR-3B for the preceding quarter as well. In the advisory that was circulated on Thursday, the authority said, …

GST collections cross Rs 1-L cr mark in July
3 years, 4 months ago

GST collections cross Rs 1-L cr mark in July

Deccan Chronicle  

New Delhi: With more relaxation in Covid restrictions, the gross goods and services tax revenue collected in July has again crossed the Rs 1-lakh mark to Rs 1,16,393 crore, up by 33 per cent as compared to the same month last year. As per the ministry data, out of the gross GST collection of Rs 1,16,393 crore, the CGST is …

GST Collection Drops to Rs 1.02 Lakh Crore in May amid Covid-19 Restrictions
3 years, 6 months ago

GST Collection Drops to Rs 1.02 Lakh Crore in May amid Covid-19 Restrictions

News 18  

Goods and Services Tax collections for the month of May stood at Rs 1,02,709 crore, by the Ministry of Finance on Saturday. The Goods and Services Tax collections this month, which directly reflect the state of economic activity, is a drop from a record high of over Rs 1.41 lakh crore in April. The figures includes GST collection from domestic …

GST collection in May slides, but still holds above ₹1 lakh crore-mark
3 years, 6 months ago

GST collection in May slides, but still holds above ₹1 lakh crore-mark

Live Mint  

Gross Goods and Services Tax collection for the month of May stood at ₹1,02,709 crore, as per data released by Ministry of Finance on Saturday. This marks the eighth month in a row when GST revenue has stayed above the ₹1 lakh crore mark despite slipping from record high of ₹1.41 lakh crore in April 2021. GST revenue for May …

Monthly GST return filing deadline extended till June 26
3 years, 6 months ago

Monthly GST return filing deadline extended till June 26

Live Mint  

The government on Monday said the deadline for filing monthly GST sales returns for May has been extended by 15 days till June 26. The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 is extended by 15 days. The GST Council also approved extending by three months till July 31 the …

GST regime is in crisis
3 years, 6 months ago

GST regime is in crisis

Hindustan Times  

The Goods and Services Tax Council will meet on May 28 after a gap of seven months. Many state governments, which are ruled by parties opposed to the Bharatiya Janata Party, have demanded a GST waiver on various kinds of medicinal supplies being used for treating Covid-19. Using GST Council meetings to tweak GST rates on various commodities – Gujarati …

Govt Waves Late Fee for GSTR-3B, Tax Return Dates Extended Due to COVID-19
3 years, 7 months ago

Govt Waves Late Fee for GSTR-3B, Tax Return Dates Extended Due to COVID-19

News 18  

The government has waived late fee on delayed filing of monthly return GSTR-3B and tax payment for the months of March and April and also cut interest rate for late filers. Taxpayers with a turnover of over Rs 5 crore have been given 15 days extra time to file monthly summary return GSTR-3B and pay taxes without paying any late …

GST collections cross Rs 1 lakh cr for fifth month, rise 7% to Rs 1.13 lakh cr in Feb
3 years, 9 months ago

GST collections cross Rs 1 lakh cr for fifth month, rise 7% to Rs 1.13 lakh cr in Feb

India TV News  

GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent annually to over Rs 1.13 lakh crore, indicating economic recovery, the finance ministry said on Monday. "In line with the trend of recovery in the GST revenues over past five months, the revenues for the month of February 2021 …

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