CBIC's New Grievance Redressal Mechanism for GST Applications
8 Articles
8 Articles
CBIC's New Grievance Redressal Mechanism for GST Applications
CBIC's New Grievance Redressal Mechanism for GST Applications The Central Board of Indirect Taxes and Customs (CBIC) has called on central GST officers to establish a formal mechanism to address grievances related to GST registration applications.In a directive to principal chief commissioners of central tax, the CBIC outlined that a monthly grievance report needs to be sent to the Directorate General (DG) of GST, who will compile and present it…
Rupee jumps 77 paise to 83.77 against US dollar in early trade
Mumbai: The rupee appreciated 77 paise to 83.77 against the US dollar in early trade on Friday, supported by sustained foreign fund inflows and stronger domestic data. Forex traders said GST collections for April were robust at Rs 2.37 lakh crore, an all-time high, reflecting the health of domestic demand. Moreover, a positive trend in domestic equities driven by foreign fund inflows further boosted sentiments. However, caution lingers, as they …
Record GST collection showcases resilience of Indian economy: FM Sitharaman
New Delhi, May 1, 2025 The record GST collection in April showcases the resilience of the Indian economy and the effectiveness of cooperative federalism, Union Finance Minister Nirmala Sitharaman said on Thursday. Gross GST collections for April stood at Rs 2.36 lakh crore, marking a 12.6 per cent increase over the gross collection of Rs 2.10 lakh crore in April 2024. Net GST collections for April 2025 reached Rs 2.09 lakh crore, reflecting a 9.…
GST collections rise 12.6% to an all-time high of ₹2.37 lakh crore in April - India Seatrade News
India’s goods and services tax collections surged by 12.6 per cent to an all-time high of ₹2.37 lakh crore during April, according to government data. For the previous month, India’s indirect tax collections increased by 9.9 per cent YoY to ₹1.96 lakh crore crore during March. The GST mop-up was ₹2.10 lakh crore in April […]
GST collection set a new record
The government collected Rs 2.37 lakh crore from Goods and Services Tax (GST) in April 2025. There has been an increase of 12.6% on an annual basis. This is a record of GST collection. Earlier, the record of highest GST collection was made in April 2024. Then the government had collected Rs 2.10 lakh crore. On Thursday, May 1, the government has released the GST figures. Rs 1.90 lakh crore collected from domestic transactions During this period,…
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