GST Bhiwandi

Photo: The Indian Express

CGST Mumbai Zone Busts Fake GST Invoice Office, Arrests Building Proprietor

In Mumbai's Bhiwandi, a fake GST Invoice office has been busted by the Central Goods and Service Tax (CGST) Bhiwandi Commissionerate in Mumbai Zone. On August 19, the centre, which used to pass fake input tax credit, was worth Rs 18 crores, with bogus invoices. The anti-evasion wing of the CGST conducted a raid and arrested the proprietor of the building. Furthermore, a case has been registered under CGST Act.

Fri, 19 Aug 2022 - 05:54 PM / by Varsha Joshi

Tags: Mumbai, CGST, Fake Invoices, arrested, bhiwandi

Courtesy: ANI


Photo: Hindustan Times

GST Collection For May Stands At Rs 1,40,885 Crore With 44% Hike

Government data revealed that Rs 1,40,885 crore has been received as gross revenue collection from Goods and Services Tax (GST) for the month of May, 2022. Of this, CGST is Rs 25,036 crore, SGST is Rs 32,001 crore, IGST is Rs 73,345 crore and cess is Rs 10,502 crore. This is the third consecutive month, in which GST collection exceeded the Rs 1.4 lakh crore mark. 

Wed, 01 Jun 2022 - 06:45 PM / by Shibu Immanuel S

Tags: GST, GST collection, Tax income, CGST, SGST

Courtesy: ANI


Photo: Hindustan Times

India's Gross GST Crosses Rs 1.5 Lakh crore In April For 1st Time

The Central Government revealed the GST revenues of April 2022, 20% higher than 2021 April, and gross CST collection at Rs 1,67,540 crores.  Of the CST, CGST is Rs 33,153 crore; SGST Rs 41,41,793 crore; IGST Rs 81,939 crore. Furthermore, this is the first time that Gross-GST has crossed Rs 1.5 lakh crores. Moreover, the government has settled Rs 33,423 crore to CGST and Rs 26,962 crore to SGST.

Sun, 01 May 2022 - 07:10 PM / by SARANNYA ACHARYA

Tags: GST, CGST, SGST, IGST, Gross GST Collection in April


Photo: Business Standard

March GST Collections Clock All Time High Of Rs 1.23 Lakh Crore

GST collections of March has skyrocketed at an all-time high of Rs 1.23 lakh crore. The FinMin has cited rapid economic recovery, effective tax administration and stringent fake billing measures besides the increase. Of the Rs 1.23 lakh crore, while CGST and SGST accounted for Rs 22,973 crore and Rs 29,329 crore respectively, IGST clocked Rs 62,842 crore. Notably, the collections increased by 27% compared to March 2020 figures.

Thu, 01 Apr 2021 - 07:07 PM / by Ronit John

Tags: GST, India, tax, Indirect tax, CGST, SGST, IGST

Courtesy: The Times Of India