Gross GST collections for November stand at over Rs 1.70 lakh crore; up 0.7 per cent


Gross GST collections for November stand at over Rs 1.70 lakh crore; up 0.7 per cent

GST collections: The Gross Goods and Services Tax (GST) collections for the month of November came in at over Rs 1.70 lakh crore. This is a rise of 0.7%, according to official data.SBI Research in a report in November had estimated that the gross domestic GST collections may come around Rs 1.49 lakh crore for November 25 (returns of October 25 but filed in Nov’25), a YoY growth of 6.8%.“Coupled with Rs 51,000 crore of IGST and cess on Import, the November GST collections thus could cross Rs 2.0 lakh crore, driven by the peak festive season demand led by lower GST rate and increased compliance while most of states experience positive gains,” SBI Research had said.This story is being updated





Source link

  • Related Posts

    4 family members die after consuming methanol ‘mistaken for liquor’; chemical seller booked | Jaipur News

    BHILWARA: Four members of a family, including three women, died in Aloli village under the Gangapur police station area of Rajasthan’s Bhilwara district Friday morning after allegedly consuming a fuel…

    Armadas near Tehran: Why US is signalling war but not pulling the trigger

    The United States has significantly expanded its military footprint in the Middle East by deploying two aircraft carrier strike groups within operational reach of Iran. The USS Abraham Lincoln was…

    प्रातिक्रिया दे

    आपका ईमेल पता प्रकाशित नहीं किया जाएगा. आवश्यक फ़ील्ड चिह्नित हैं *

    hi_INहिन्दी