GST on UPI payments: The finance ministry termed the reports ‘completely false, misleading, and without any basis', strongly denying the claims of levying GST over UPI transactions above ₹2,000.

At present, under Section 13 (8) (b) of the Integrated GST (IGST) Act, the place of supply for intermediary services is deemed to be India, even if the client is based overseas, subjecting these ...

VIJAYAWADA: Andhra Pradesh registered a two percent decline in the GST revenues for May 2025, while GST revenues of the country as a whole registered a 13.66% jump, compared to May 2024.

In May, 2024, the mop-up was ₹1,72,739 crore. Meanwhile, total refunds during the month fell 4% to ₹27,210 crore. Net GST mop-up stood at about ₹1.74 lakh crore, a 20.4% year-on-year growth.

GST collections have surpassed Rs 2 lakh crore for the second consecutive month in May 2025, reaching Rs 2.01 lakh crore, a 16.4% increase year-on-year, according to the Ministry of Finance.

GST collections are a powerful testament not only to India’s economic resilience, but to the system’s evolving efficiencies. GST collections in April 2025, yet again, hit a record high of Rs ...

India’s Goods and Services Tax (GST) collections soared past the ₹2 lakh crore mark for the second consecutive month in May, reaching ₹2.01 lakh crore.

I applied for a GST registration number for a firm in which my wife and daughter are partners 20 days ago." He mentioned, "Objections started coming in. Till today, the number has not been allotted.

Gift 5 articles to anyone you choose each month when you subscribe. Queensland Treasurer David Janetzki has written to his federal counterpart Jim Chalmers asking for a rethink of the latest GST ...

The Supreme Court has dismissed a review petition filed by the government in the Safari Retreat case concerning blocked credit under the Goods and Services Tax (GST). Experts say this could affect ...

April GST numbers are a seasonal quirk, boosted by the year-end push, and not a barometer of steady consumption growth. Mint explores the trends hidden behind the headline numbers.