https://www.taxtmi.com/news?id=24093 GST gross receipts for May 2021 exceeded the one lakh crore threshold, composed of CGST, SGST, IGST (including import collections) and Cess. Regular IGST settlements were made to CGST and SGST. Temporary relief measures-waiver/reduction of interest and extended filing deadlines for certain taxpayers-deferred some revenue recognition, so final May receipts will be higher once extended filing dates expire. Significant year-on-year growth was recorded in import and domestic GST receipts. en-us Sat, 05 Jun 2021 17:44:57 +0530 Sat, 05 Jun 2021 17:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24093 GST gross receipts for May 2021 exceeded the one lakh crore threshold, composed of CGST, SGST, IGST (including import collections) and Cess. Regular IGST settlements were made to CGST and SGST. Temporary relief measures-waiver/reduction of interest and extended filing deadlines for certain taxpayers-deferred some revenue recognition, so final May receipts will be higher once extended filing dates expire. Significant year-on-year growth was recorded in import and domestic GST receipts. News - Sat, 05 Jun 2021 17:44:57 +0530 https://www.taxtmi.com/news?id=24093