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More depots in other parts of the state are likely to be raided by the agency in the coming days, say sources

CGST Dept raids pan masala factory in Nadarganj area of Lucknow

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Pan masala company owner evaded tax by manipulating sale and purchase details Central Goods and Services Tax (CGST) Department raided a pan masala factory in...
The investigating team had initially detected five firms that were availing and utilising fake Input Tax Credit of Goods and Services Tax

CGST officials bust syndicate of firms involved in tax evasion of Rs.85 crore

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Fake GST Input Tax Credit (ITC) racket busted by CGST Delhi officials In a major crackdown on GST evasions, the CGST Delhi East Commissionerate officials...
Increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

GST collection creates new record; touches Rs.1.78 lakh crore in March

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March sees second-highest gross GST revenue of Rs.1.78 lakh crore, lifts FY 24 collections to Rs.20.2 lakh crore India’s gross Goods and Services Tax (GST)...
Higher GST collections have enabled the government to keep the fiscal deficit in check

GST collections surge 10.4 percent; touches Rs.1,72,129 cr in Jan

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Jan's GST collections make the second-highest monthly collection ever and mark the third month in this financial year The gross GST revenue collected in the...
Gross GST revenue for September rose 2.2 percent to Rs.1,62,712 crore from Rs.1,59,069 crore in August. It is the fourth time that the gross GST collection has crossed the Rs.1.60 lakh crore mark in 2023-24

GST collections touch Rs.1,62,712 cr in Sept; surges 2.2%

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The fourth time gross GST collections has crossed the Rs.1.60 lakh cr mark in 2023-24 The gross GST revenue for September rose 2.2 percent to...
Of the total Rs.1.61 lakh crore collected in June, CGST was Rs.31,013 crore, SGST was Rs.38,292 crore, IGST was Rs.80,292 crore

High GST collection reflects India’s vibrant economic trend

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Impact of higher GST collection on the Indian economy Reflecting the vibrancy of the Indian economy, the gross Goods and Services Tax (GST) revenue collected...
The gross GST collection for March included CGST of Rs.29,546 crore, SGST of Rs.37,314 crore, and IGST of Rs.82,907 crore, which included Rs.42,503 crore collected on import of goods

GST collection in March surges to over Rs.1.60 lakh crore

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Gross GST collection has crossed Rs.1.5 lakh crore mark for the fourth time, in the current financial year The gross GST revenue in March has...
Revenues in the current financial year up to January 2023 are 24 percent higher than the GST revenues collected up to January 2022

GST collections touch Rs.1.55 lakh crore in January 2023; 4 percent higher than December

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GST collections cross the Rs.1.50 lakh cr mark for the third time in 2022-23 Goods and Services Tax (GST) collections for January 2023 stood at...
Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC

Massive GST evasion worth Rs.824 cr unearthed, ICICI Prudential among 15 entities under probe

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GST Intelligence uncovers tax evasion by 15 firms insurance companies, NBFCs 15 insurance companies including ICICI Prudential as well as several non-banking financial companies (NBFCs)...
In April 2022, the GST collection stood at an all-time high of Rs 1.68 lakh crore. In the preceding March month, the gross GST mop-up was Rs 1.42 lakh crore. So the May month’s collection is the lowest in the last three months

GST collections in May stays above Rs 1.4 lakh cr, third month in a...

PGurus Newsdesk - 1
For the fourth time, monthly GST collection crossed the Rs.1.40 lakh crore mark As per the data released on Wednesday, the gross revenue from Goods...
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