Note ban, 'faulty' implementation of GST, lockdown 'destroyed' India's economic structure: Rahul Gandhi
Rahul Gandhi alleging that the Modi government's decision of demonetisation, its faulty implementation of GST destroyed the country's economic structure.
Sources said Manikandan and his wife tested positive in May and recovered, but faced discrimination from neighbours.
However, a comparison with the past two months shows a recovery trend in revenues.
States such as Rajasthan, Nagaland, Madhya Pradesh and Andhra Pradesh have either shown growth in GST collections or have maintained levels the same as 2019.
GST Council meeting on the issue after the law ministry and AG provide their opinions
The revenues for the month are 86 per cent of the GST revenues in the same month last year.
The AG in his view said there is no obligation on the central government to pay the GST compensation shortfall, according to the sources.
In a significant development in curbing tax evasion, the state goods and sales tax (GST) intelligence squad has unearthed a ‘bill trading’ fraud in Kerala.
Centre releases Rs 13,806 crore GST compensation to states for March, FY20 total at Rs 1.65 lakh crore
To release the compensation for 2019-20, the balance of cess amount collected during 2017-18 and 2018-19 was utilised.
In November last year, the government had said that from April 1 electronic invoice (e-invoice) would be mandatory for businesses with turnover of Rs 100 crore.
Although the Ministry of Consumer Affairs has classified hand sanitisers as an essential commodity, the GST law has a separate list of exempted goods.
Total collection of Goods and Services Tax in the last three months was Rs 1,560.2 crore.
The Centre must honour its commitment of 14 per cent growth in state taxes or provide for the shortfall from compensation cess, which too is short of funds.
Also, a uniform late fee is simpler in design and easier to implement on automated common portal. So the late fee is capped at Rs. 500 only per return, a CBIC statement said.
Based on specific intelligence input, the Directorate General of Goods and Service Tax Intelligence (DGGI) carried out searches in the company's manufacturing unit, an official statement said.