Search For "igst"
GST rate rationalisation to cause Rs 10,664-crore shortfall in IGST receip
Updated : 5 months, 2 weeks ago IST
The central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalization, according to an analysis report by the Global Trade Research Initiative (GTRI).
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Government implements uniform 5% tax on aircraft, engine parts
Updated : 1 year, 8 months ago IST
Union Civil Aviation Ministry has announced a uniform 5 per cent Integrated Goods and Services Tax (IGST) rate on all aircraft and aircraft engine parts, effective from July 15th, 2024, according to a press release of Ministry of Civil Aviation.
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Union Civil Aviation Minister announces uniform IGST rate of 5 pc on aircr
Updated : 1 year, 8 months ago IST
Union Civil Aviation Minister Kinjrapu Rammohan Naidu on Monday announced the implementation of a uniform Integrated Goods and Services Tax (IGST) rate of 5% on all aircraft engine parts.
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Union Finance Ministry spearheads two-day conference on transformative rol
Updated : 2 years ago IST
The Central Goods and Services Tax (CGST), Central Excise and Customs hosted an All Chief Commissioners' Conference on use of AI and other technology needs in customs functioning and transformative approach in Customs automation at Bhopal, Madhya Pradesh.
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Centre notifies amendments in GST laws, to tax 28 pc on online gaming, cas
Updated : 2 years, 5 months ago IST
The central government has notified the amendments in GST legislation passed by the Lok Sabha in August so as to impose a 28 per cent tax on online gaming, casinos, and horse racing. The amendments will come into effect as was earlier announced -- from October 1.
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Odisha collects OGST, IGST settlement of Rs 1732.49 crore during June 2023
Updated : 2 years, 8 months ago IST
As per the Commissionerate of CT and GST Government of Odisha, "The State has collected OGST and IGST Settlement to the tune of Rs 1732.49 Cr during June 2023 as against collection of Rs 1384.59 Cr during June 2022 recording a growth of 25.13 per cent."
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Kerala Finance Minister hid economic position of state, alleges VD Sathees
Updated : 3 years ago IST
Leader of Opposition in the Kerala Assembly VD Satheesan alleged that the state Finance Minister hid the economic position of the state while the state failed to collect Integrated Goods and Services Tax (IGST) over five years.
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GST collection goes up 12 per cent to Rs 1.50L cr in Feb
Updated : 3 years ago IST
Of this amount, central goods and services tax (CGST) is Rs 27,662 crore, state goods and services tax (SGST) is Rs 34,915 crore, integrated goods and services tax (IGST) is Rs 75,069 crore, including Rs 35,689 crore collected on import of goods and cess is Rs 11,931 crore which included Rs
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Gross GST collection of Rs 1,55,922 cr in January 2023, second-highest eve
Updated : 3 years, 1 month ago IST
"The gross GST revenue collected in the month of January 2023 till 5:00 PM on 31.01.2023 is Rs 1,55,922 crore of which CGST is Rs 28,963 crore, SGST is Rs 36,730 crore, IGST is Rs 79,599 crore (including Rs 37,118 crore collected on import of goods) and cess is Rs 10,630 crore (including
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GST collection up 11 pc in November
Updated : 3 years, 3 months ago IST
Of this, Rs 25,681 crore is of central goods and services tax, Rs 32,651 crore is of state central goods and services tax
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One held for fraudulently availing ITC of over Rs 160 cr through network o
Updated : 3 years, 10 months ago IST
New Delhi [India], May 18 (ANI): Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of more than Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms in tandem with various
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India, Germany to propose joint AI initiative on healthcare and sustainabi
Updated : 3 years, 10 months ago IST
Berlin [Germany], May 4 (ANI): Indo-German Science and Technology Centre (IGSTC) is all set to propose a joint "Artificial Intelligence" ('AI') initiative on healthcare and sustainability, the Ministry of Science and Technology said on Wednesday.
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