The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.

Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...

Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...

India’s GST revenue rose 6.2 per cent to ₹1.93 lakh crore in January 2026, driven by stronger domestic transactions and higher import collections ...

The Survey’s preface highlights that the government carried out “the most radical overhaul of the Goods and Services Tax since its inception in 2017” during 2025, placing GST reforms alongside major p ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway is that GST targets construction services, not immovable property ...

In a few cases, the GST line may be nil or even negative, such as when a policy is cancelled, adjusted, or refunded, and a credit note is issued. Save the invoice for Section 80D filing.

Use a GST calculator to prepare accurate financials before applying for a business loan. Gain GST clarity to manage cash flow ...

Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.