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News GST

  • Aug 22, 2017
  • Rs 40,000 cr received from 13 lakh assessees; 22 lakh yet to file returns

    The government has collected a gross goods and service tax (GST) amount of Rs 40,000 crore so far with 13 lakh assessees having filed an interim tax return on the GST Network as of Monday evening. In addition, 22 lakh assessees have filled in the relevant details on the portal but are yet to file return, senior government officials said. Of the total amount of Rs 40,000 crore, Rs 15,000 crore has come in as integrated-GST, which is levied on interstate movement of goods. Another Rs 5,000 crore, a revenue department official said, had been paid by assessees by way of cess on demerit goods such as cars and tobacco.

    Source - http://www.financialexpress.com