Net GST revenues rose just 2.2% in December 2025, the slowest pace in a year, as weak domestic demand and high refunds offset stronger import-led collections ...
New Delhi: Central and state governments collected ₹1.89 trillion in goods and services tax (GST) before refunds in September, a robust 9.1% improvement over the year-ago period, official data showed ...
For the sake of fair comparison, December’s gross GST collection figures without compensation cess proceeds are compared with the same from the year-ago period.
The Central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalisation, according to an ...
This clarifies how cash receipts are tested on daily, transaction, and occasion-based thresholds. It explains why breaking payments into parts does not avoid penalty ...
When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...