Data: Amount of fake ITC under GST increased to 1.5% of total GST collection in 2020-21
Input Tax Credit (ITC) is an important feature of the Goods & Services Tax regime…
Browsing: GST
GST Collections improved during July-December’2020, but still lower than estimates
The Centre’s GST collections increased during July-December’2020 coinciding with unlock phases across the country. The…
Data: Compared to 2019, GST Collection fell by more than 25% during March to June 2020 in 27 States/UTs
COVID-19’s impact on economy is now well known. GST collection numbers from March to June…
Data: Till date, four states received about 42% of the total GST Compensation released by the Central Government
The recent remarks of the finance secretary that the central government may not be able…
Explainer: What is the National Anti-Profiteering Authority and what has it done so far?
The National Anti-Profiteering Authority was set up to ensure that the benefits of GST rate…
What did the CAG report say on GST?
The CAG in its first ever report on GST highlighted multiple issues like actual GST…
Taxes you pay on Petrol & Diesel (As of 3rd September 2018)
1. The Central Excise Duty on Petrol increased from Rs 9.48 per liter to a…
