Goods and Services Tax – GST – Dated:- 14-12-2018 – The month-wise gross collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under: Month GST collection (in Rs. Crore) 2017-18 2018-19 April – 1,03,459 May – 94,016 June – 95,610 July – 96,483 August 95,633 93,960 September 94,064 94,442 October 93,333 100,710 November 83,780 97,637 December 84,314 – January 89,825 – February 85,962 – March 92,167 – Average 89,885 97,040 From the above Table, it is clear that GST collection in the current FY (2018-19) has been showing improvement compared to last FY (2017-18) except for the month of August, 2018. Further, in the absenc
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Goods and ServicesTax Act, 2017 and the Integrated Goods and Services Tax Act, 2017, Union Territory Goods and Services Tax Act, 2017 and GST (Compensation to States) Act, 2017 have been passed by the Parliament and received the assent of the Hon ble President of India. For the period from 01.07.2017 to 30.11.2018, the figures pertaining to receipt and disposal of technical queries (Tickets) is as under: Received – 20,16,749 Resolved – 20,13,424 Certain representations have been received for rationalization of GST rates, seeking clarification on rates and to bring the petrol/diesel under the purview of GST Act. The GST Council has considered the requests from trade and industry and recommended certain reductions in GST rates on various goo
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