GST Revenue collection for June2021-₹ 92,849 crore gross GST revenue collected in June’ 2021

The gross GST revenue collected in the month of June’ 2021 is₹92,849 crore of which CGST is ₹16,424 crore, SGST is ₹20,397, IGST is ₹49,079 crore (including ₹25,762 crore collected on import of goods) and Cess is ₹6,949 crore (including ₹809 crore collected on import of goods).The above figure includes GST collection from domestic transactions between 5thJune to 5th July’2021 since taxpayers were given various relief measures inContinue reading “GST Revenue collection for June2021-₹ 92,849 crore gross GST revenue collected in June’ 2021”

Finance Minister Smt. Nirmala Sitharaman appreciates CBIC efforts in fighting COVID-19 pandemic; says enhanced revenue collection in recent months should now be the “New Normal”

The fourth anniversary of introduction of GST, the GST Day, 2021, was marked by Central Board of Indirect Taxes and Customs (CBIC) and all its field offices across India here today. The national level programme was organised by CBIC through virtual mode on the digital platform which was attended by all field formations. GST withContinue reading “Finance Minister Smt. Nirmala Sitharaman appreciates CBIC efforts in fighting COVID-19 pandemic; says enhanced revenue collection in recent months should now be the “New Normal””

Shri Nitin Gadkari says GST will help in achieving the vision of five trillion dollar Indian economy by 2025, calls for performance audit alongwith financial audit

Minister for Road Transport & Highways and MSME Shri Nitin Gadkari has said that GST will help achieve the vision of five trillion dollar Indian economy by 2025. Addressing a webinar on the “GST Day” on the theme “THE JOURNEY OF GST AND WAY FORWARD – AATMANIRBHAR BHARAT” organised by the Institute of Cost Accountants of IndiaContinue reading “Shri Nitin Gadkari says GST will help in achieving the vision of five trillion dollar Indian economy by 2025, calls for performance audit alongwith financial audit”

On the eve of completion of 4 years of the GST, CBIC to honour the tax payers contributing to the GST success story

On the eve of completion of 4 years of the GST, CBIC to honour the tax payers contributing to the GST success story CBIC to issue certificates of appreciation to honour contributions of tax payers Government reaffirms its commitment to continuous improvement in taxpayer services GST is a historic tax reform introduced on the 1stContinue reading “On the eve of completion of 4 years of the GST, CBIC to honour the tax payers contributing to the GST success story”

44th GST Council Meeting highlights – 12.06.2021

The tax rate on ventilators, medical grade oxygen, COVID-19 testing kits, oxygen concentrators and BiPAP machine have been brought down to 5 percent from 12 percent at present. The GST on anti-coagulants like Heparin, high flow nasal canula (HFNC) device and pulse oximeters has been reduced to 5 percent from 12 percent at present. TheContinue reading “44th GST Council Meeting highlights – 12.06.2021”

Weekly YouTube video compilation on Income tax, GST, Financial awareness & Entreprenurship (06th June 2021 to 12th June 2021

Dear Sir, Please find below Weekly YouTube video compilation on Income tax, GST, Financial awareness & Entreprenurship (06th June 2021 to 12th June 2021: Date 12-06-2021 GST Topic New functionalities on GST Portal -11 June 2021 https://www.youtube.com/watch?v=I6rTi0Zsc5cMinute 5.18 Date 12-06-2021 GST Topic GST on E-Commerce & Electronic Commerce Operator https://www.youtube.com/watch?v=1Ttjb0ltyX0Minute 4.42 Date 11-06-2021 Entreprenurship TopicContinue reading “Weekly YouTube video compilation on Income tax, GST, Financial awareness & Entreprenurship (06th June 2021 to 12th June 2021”

New functionalities on GST Portal-11 June 2021

Dear Sir, Please find below *YouTube video Link on *New functionalities on GST Portal-11 June 2021*https://www.youtube.com/watch?v=I6rTi0Zsc5c 1.Ledgers: Negative liability statement made available to composition taxpayers 2. Returns: Download of Form GSTR-4A in excel and auto-population of its details in Form GSTR-4 of the composition taxpayer 3. Front: Office Inclusion of common names in the HSNContinue reading “New functionalities on GST Portal-11 June 2021”

Monthly compilation of Video on Company Law, Succession planning, Income Tax & GST

Dear Sir, Please find below YouTube link of Monthly compilation of Video on Company Law, Succession planning, Income Tax & GST for your easy reference: 👉 Company Law Setting of Branch offices of Foreign Company in Indiahttps://youtu.be/Y30q0ZgcMcU Nidhi Company-each & everythinghttps://youtu.be/maS_1205vO4 Producer Company-each & everything https://youtu.be/MP-t3sg_qWg CSR Funding: Ngo registration for getting CSR Funding https://youtu.be/j-OG40NJl9QContinue reading “Monthly compilation of Video on Company Law, Succession planning, Income Tax & GST”