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Gst Collection

Telcos seek refund of Rs 35,000 cr input tax credit, GST waiver on licence fee, SUC

Telcos seek refund of Rs 35,000 cr input tax credit, GST waiver on licence fee, SUC

14 January 2022

At present, licence fees paid by the telecom operators is calculated as 8 per cent of revenue earned from telecom services, technically called adjusted gross revenue.

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

14 January 2022

The GST, which subsumed all service taxes except those on alcohol and petroleum, has not been able to generate as much revenue as had been anticipated during...


GST Council Defers Implementation Of Rate Hike In Textiles To 12%

The 46th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to deliberate on the issue...

GST Collections In November Surpass Rs 1.3 lakh Crore, Second Highest Ever

GST Collections In November Surpass Rs 1.3 lakh Crore, Second Highest Ever

13 January 2022

GST revenue collected in November 2021 is Rs 1,31,526 crore of which CGST is Rs 23,978 crore, SGST is Rs 31,127 crore, IGST is Rs 66,815 crore and Cess is Rs...


Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

Minister of State for Finance added the economic impact due to the pandemic led to greater compensation requirements because of lowered GST Collection.

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Opinion

Telcos seek refund of Rs 35,000 cr input tax credit, GST waiver on licence fee, SUC

Telcos seek refund of Rs 35,000 cr input tax credit, GST waiver on licence fee, SUC

At present, licence fees paid by the telecom operators is calculated as 8 per cent of revenue earned from telecom services, technically called adjusted gross revenue.

14 January 2022
Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

Centre Would Not Want The Consequences Of Not Extending GST Compensation On Their Conscience: TN FM P Thiaga Rajan

The GST, which subsumed all service taxes except those on alcohol and petroleum, has not been able to generate as much revenue as had been anticipated during its implementation in 2017.

14 January 2022
GST Council Defers Implementation Of Rate Hike In Textiles To 12%

GST Council Defers Implementation Of Rate Hike In Textiles To 12%

The 46th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to deliberate on the issue further in its next meeting.

12 January 2022
GST Collections In November Surpass Rs 1.3 lakh Crore, Second Highest Ever

GST Collections In November Surpass Rs 1.3 lakh Crore, Second Highest Ever

GST revenue collected in November 2021 is Rs 1,31,526 crore of which CGST is Rs 23,978 crore, SGST is Rs 31,127 crore, IGST is Rs 66,815 crore and Cess is Rs 9,606 crore.

13 January 2022
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