https://www.taxtmi.com/news?id=25556 Gross GST revenue for June 2022 showed a marked year-on-year increase, with the monthly composition set out across CGST, SGST, IGST (including imports) and cess. The Government completed regular settlements of IGST to CGST and SGST and effected an additional ad-hoc IGST settlement between Centre and States/UTs, producing consolidated net receipts for Centre and States. The month is noted as the second-highest gross collection historically, driven by higher import and domestic transaction revenues and supported by economic recovery and anti-evasion measures. en-us Fri, 01 Jul 2022 15:08:05 +0530 Fri, 01 Jul 2022 15:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25556 Gross GST revenue for June 2022 showed a marked year-on-year increase, with the monthly composition set out across CGST, SGST, IGST (including imports) and cess. The Government completed regular settlements of IGST to CGST and SGST and effected an additional ad-hoc IGST settlement between Centre and States/UTs, producing consolidated net receipts for Centre and States. The month is noted as the second-highest gross collection historically, driven by higher import and domestic transaction revenues and supported by economic recovery and anti-evasion measures. News - Fri, 01 Jul 2022 15:08:05 +0530 https://www.taxtmi.com/news?id=25556