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Manish Sisodia’s judicial custody further extendedCus - Export of non-basmati rice - Notification 20/2023 insofar as it denies the benefit of the transitional arrangement as contained in para-1.05 of the FTP 2023, is bad in law: HCCus - Refund of SAD - 102/2007-Cus - Areca Nut and Supari are one and the same - Objections with regard to name, nature and status of importer or buyers or the end use of goods purchased by them etc. are extraneous: HCCX - Interest on Refund - Since wrong order annexed by petitioner in paper book, Bench is unable to proceed further - Petition is dismissed with liberty to file a fresh one: HCGST - No E-way bill - When petitioner imports machinery and after Customs clearance, transports same to his own factory, it cannot be said that such a transportation would fall within the definition of term 'supply' - Penalty imposable under second limb of s.129(1)(a): HCGST - Fix responsibility on officers who allowed BG to lapse - Petitioner not justified in not renewing BG - Cost of Rs.15 lacs imposed, to be paid to PM Cares Fund: HCGST - Since the parties agree that petition can be disposed of on the basis of records available before Appellate Authority, petitioner is directed to enclose all documents filed before Appellate Authority in a compilation, in form of a paper book: HCWrong RoadST - Whether any service is used for personal consumption or not is certainly question of fact and being question of fact, no substantial question of law arises: HCGovt proposes to amend Geographical Indication of Goods Rules; Draft issued for feedbackST - If what has been paid as tax is without authority of law, Revenue should refund the same - Denial of credit would result in the whole exercise being tax neutral: HCWarehousing Authority notifies several agri goods to be stored in only registered warehousesST - Even if the petitioner may have a case on merits, it is best left to be decided by the Appellate Authority under the hierarchy prescribed under the FA, 1994: HCUS FDA okays Eli Lilly Alzheimer’s drugGST - Petitioner challenges jurisdiction of assessing officer - Petitioner is entitled to file an appeal u/s 107 by availing an alternate efficacious remedy: HCFive from Telangana killed in car accident on Pune-Solapur HighwayGST - Existence of an alternative remedy is a material consideration but not a bar to the exercise of jurisdiction: HCHush money case against Donald Trump - Sentencing deferred to Sept 18GST - It is open to a trader to take goods by whichever route he opts, unless the law otherwise requires, destination point being intact: HCDeadly hurricane Beryl smashes properties in JamaicaIsrael claims 900 militants killed in Rafah since May monthGST - Order expressly records that personal hearing notice was returned with endorsement 'no such person at address' - Since petitioner has shifted to a new premises, it is just and necessary to provide an opportunity to contest demand: HC116 die in stampede at UP ’Satsang’I-T- Application for revision of order dismissed in limine on grounds of delay; case remanded for re-consideration: HCWe are deepening economic ties with India, says US official8 Dutch engineers build world’s longest bicycle - 180 feet, 11 inchesRailways earns Rs 14798 Crore from Freight loading in June monthMoD inks MoU to set up testing facilities in Unmanned Aerial System in TN Defence Industrial CorridorI-T- TDS credit can be allowed based on AIS, where details pertaining to TDS, advance tax & other payments are reflected in Form 26AS: ITATVaishnaw to inaugurate Global IndiaAI Summit 2024
 
GST Revenue collections again surpass Rs 1 lakh crore mark; 76 lakh GSTR 3B filed

By TIOL News Service

NEW DELHI, APR 01, 2019: TOTAL Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 crore of which CGST is Rs 20,353 crore, SGST is Rs 27,520 crore, IGST is Rs.50,418 crore (including Rs. 23,521 crore collected on imports) and Cess is Rs. 8,286 crore (including Rs. 891 crore collected on imports). The total number of GSTR 3B Returns filed for the month of February up to 31 st March, 2019 is 75.95 lakh.

The Government has settled Rs.17,261 crore to CGST and Rs 13,689 crore to SGST from IGST as regular settlement. Further, Rs. 20,000 crore has been settled from the balance IGST available with the Centre on provisional basis in the ratio of 50:50 between Centre and States. The total revenue earned by Central Government and the State Governments after regular and provisional settlement in the month of March, 2019 is Rs. 47,614 crore for CGST and Rs. 51,209 crore for the SGST.

The collection during March, 2019 has been the highest since introduction of GST. The revenue in March, 2018 was Rs. 92,167 crore and the revenue during March, 2019 is a growth of 15.6% over the revenue in the same month last year. The revenue for the last quarter in the year 2018-19 is 14.3% higher than the revenue collected during the same period last year. The monthly average of GST revenue during 2018-19 is Rs. 98,114 crore which is 9.2% higher than FY 2017-18. These figures indicate that the revenue growth has been picking up in recent months, despite various rate rationalization measures.


 RECENT DISCUSSION(S) POST YOUR COMMENTS
   
 
Sub: gst collections a myth or a mirror or fact

ye sab figures hain sir. fact kuch aur hai. last 21 days men jo bhi paisa aaya hai usmen se 3B ke sath paisa yani actual paid tax 60 ya 70 % hi hai kyonki baki sab advance bolkar cash ledger men bharwaya gaya hai. wo paid tax nahi hai., jab tak ki return file nahi ho jata. so figures wrong hain.logon ke refund pending hain abhi , tribunals aur appeals level par bhi bahut amounts refund pending hain , kya ye collection ko kam nahi kartey.secondly jo abhi non filers ki list men chor chupey hue baithe hain unse aur collection aana tha wo gair jimmedar machinery ki wazah se nahi aaya aur wo collection nahi hua jo ki hona chahiye tha. uska kya.bahut badi tadad men experienced officers machinery se aapne pichle 1.5 tears se bar bar faltu ke parameters par based verification karwaye hain,(why 95% payment from credits, why 3B and 1 not matching, tran -1 matching, bla bla bla)

usmen jo desh ka waqt jaya hua uski valuation man hours men kijiye jitna recover kar paye uski tulna men.

refund sanction aur disbursement ki rate 3-5% fixed rahi uska kya. 2000 ke note men rishwat dena asan hua. but why pm saab will be concerned.

Posted by Navin Khandelwal
 

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