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The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day. [4] The GST replaced existing multiple taxes levied by the central and state governments. Also, to boost GST billing in India, the Government of ...
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax ) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
For Harmonized Codes, see Harmonized System. The following is a list of export product categories that were exported the most and fetched foreign currency for India. The list includes the HS Codes and the value of the product exported. The data referenced in the system do not have any legal sanctity and is for general reference only.
List of shopping malls in India; List of slums in India; List of special economic zones in India; List of Indian states and union territories by exports; List of Indian states and union territories by GDP; List of Indian states and union territories by GDP (PPP) List of states and union territories of India by households having electricity
2009–10 108 125 Mango Malihabadi Dusseheri: Agricultural Uttar Pradesh: 2009–10 109 128 Puneri Pagadi: Handicraft Maharashtra: 2009–10 110 99 Banaras brocades and sarees: Handicraft Uttar Pradesh: 2009–10 111 127 Tangaliya Shawl: Handicraft Gujarat: 2009–10 112 130 & 141 Vazhakulam pineapple: Agricultural Kerala: 2009–10 113 131 ...