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Tag: GST

  • AP GST collections stand at over Rs 28k Cr by end of January in current fiscal

    AP GST collections stand at over Rs 28k Cr by end of January in current fiscal

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    Amaravati: Andhra Pradesh GST collections stood at Rs 28,181.86 crore by January end recording a hike of 6.91 per cent in the same period last year, an official release said on Thursday.

    At a review meeting on revenue generating departments held here on Thursday, officials told Chief Minister YS Jagan Mohan Reddy that the State is gradually overcoming Covid-19 blues while GST and other revenues are closer to targets.

    They explained that the GST gross collections in the state till December 2022 stood at 26.2 per cent as against the national average of 24.8 per cent surpassing Telangana, Tamil Nadu and Gujarat in which the collections stood at 17.3 per cent, 24.9 per cent and 20.2 per cent respectively.

    The total tax collections (GST, Excise, professional tax and taxes on petrol and diesel) stood at Rs 43,206.03 crore by January 2023 as against the target of Rs. 46,231crore, the officials explained and said the State achieved 94 per cent of the targets fixed for tax collection.

    Officials from the Mining Department explained that they are confident of achieving the target of Rs 5,000 crore as they are striving to revive non-functioning mines.

    While the Department earned Rs 2,220 crore by February 6, 2022, it achieved the target by earning Rs 3,649 crore revenue as on February 6 in the present fiscal.

    Officials of the Transport Department told the CM that they have achieved revenue of Rs 3,657.89 crore as against the target of Rs 3,852.93 crore by January in the present fiscal.

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    ( With inputs from www.siasat.com )

  • GST consultant booked for breach of trust

    GST consultant booked for breach of trust

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    GST consultant booked for breach of trust

    Lucknow: A GST consultant has been accused of criminal breach of trust and cheating and duping an agent facilitating the deposit of GST of traders/businessmen in Indira Nagar under the Ghazipur police circle.

    As per reports, victim Pradeep Gupta of Neelgiri Complex is in the marketing department of Tax Consultant Accounts and his job is to get the Income Tax return, and GST registration/Return filed by the chartered account office.

    In this connection, he had given the GST return work of a businessman, named Shrawan, to a tax consultant Ashutosh Singh.

    Gupta said he had given money (paid in the bank account of Ashutosh) as GST for the firm of Shrawan from 2018 to January 2022.

    “I paid the money every month since 2018. Ashutosh used to give me a GST return slip and challan receipt which I gave to Shrawan. In due course of time, it surfaced that the receipts and slips were fake and no GST return and tax in the GST account of Shrawan had been deposited since 2018,” he said.

    Gupta said Ashutosh did not deposit the GST of his client.

    SHO, Ghazipur (Indiranagar), Sunil Kumar, said that an FIR has been lodged while a probe is underway.

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    ( With inputs from www.siasat.com )