August Gst Collection News

News

GST collection inches up marginally in August but drops below ₹1 trillion mark

Experts said the subdued trend in GST receipts coincides with the economic downturnFinMin said that ₹27,955 crore has been released to states as GST compensation for the months of June and July, 2019

1 min read1 Sep 2019
News

GST collection up 4.51% in August at ₹98,202 crore

The gross GST collection in August, 2019 stood at ₹98,202 crore, up 4.51% compared to ₹93,960 crore in the same month last yearThe GST collection, although higher on year-on-year basis, is still lower than government's expectations of ₹1 trillion

2 min read1 Sep 2019
Politics

GST collections drop to ₹93,960 crore in August as tax cuts begin to impact

GST collected in August was lower than ₹96,483 crore in July and ₹95,610 crore in June, according to the finance ministry

1 min read2 Sep 2018
Industry

GST collections in August raise questions about compliance

GST collections in August stood at Rs90,669 crore, 3.6% less than the taxes collected in July, as businesses attempted to settle down in the new system despite technology hiccups

2 min read27 Sep 2017

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