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Tag: Goods And Services Tax GST

RWAs Liable To Pay GST For Over-Charging Electricity Tariff From Flat Owners

Posted on November 1, 2023 By admin
RWAs Liable To Pay GST For Over-Charging Electricity Tariff From Flat Owners

RWAs liable to pay 18% GST on electricity bills if flat owners charged more than tariff by discoms New Delhi: Real estate developers and RWAs will be liable to pay 18 per cent GST on electricity bills if they charge from flat owners more than the power tariff prescribed by Discoms. The Central Board of…

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Business

GST Collections Rise 13% To Rs 1.72 Lakh Crore In Oct, 2nd Highest-Ever

Posted on November 1, 2023 By admin
GST Collections Rise 13% To Rs 1.72 Lakh Crore In Oct, 2nd Highest-Ever

GST collections increased 13 per cent to Rs 1.72 lakh crore in October. New Delhi: GST collections increased 13 per cent to Rs 1.72 lakh crore in October, the second highest-ever, helped by momentum in the economy, efforts of taxmen in checking evasion and festive demand. “GST revenue collection for October 2023 is second highest…

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Business

GST Collection Surges 11% To Rs 1.59 Lakh Crore In August

Posted on September 2, 2023 By admin
GST Collection Surges 11% To Rs 1.59 Lakh Crore In August

GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August. New Delhi: GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming festive season. The gross…

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