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Online GST Return Filing in Chennai - Kanakkupillai

Kanakkupillai is one of the leading GST consultants in Chennai. Over a decade of experience in this field, we have filed GST for many leading companies and startups and they branded us the best GST consultants in Chennai. Contact us to file GST at a nominal cost. <br>

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Online GST Return Filing in Chennai - Kanakkupillai

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  1. GST collection remains below Rs.1 lakh crore | in October – Kanakkupillai

  2. GST Collections • India’s goods and services tax (GST) collections grew marginally in October from the previous month as dealers stocked up for the festive season, but revenues declined 5.29% over the year-ago period. • GST revenues stood at Rs. 95,380 crore, up from Rs. 91,916 crore in September this year but lower than Rs. 1,00,710 crore in October 2018, according to official data released on Friday.

  3. GST Rate • Overall GST collections in April-October 2019 increased 3.38% year-on-year. While the domestic component grew 6.74% during April-October, GST on imports showed a decline. • A slight pickup in GST collections holds out some hope for economy watchers, but most say they will watch November’s revenues more closely to draw a firm conclusion.

  4. EconomistsThought View The year-on-year decline in the headline GST collections in October 2019 is disturbing, although it can partly be explained by the cumulative impact of GST rate cuts as well as subdued consumption growth,” said Aditi Nayar, principal economist, ICRA Ltd.

  5. Government Tack • The government has a target of at least Rs 1 lakh crore in GST collections every month to meet its revenue estimates. • Of the total collections, central GST stood at Rs 17,582 crore, state GST at Rs 23,674 crore and integrated GST at Rs 46,517 crore, including Rs 21,446 crore collected on imports. Compensation cess collection stood at Rs 7,607 crore, including Rs 774 crore collected on imports.

  6. Conclusion The total number of GSTR 3B returns filed for September up to October 31 was 7.383 million, as per the official statement.

  7. Top Best GST Consultants in Chennai Kanakkupillai is one of the leading GST consultants in Chennai. Over a decade of experience in this field, we have filed GST for many leading companies and startups and they branded us the best GST consultants in Chennai. Contact us to file GST at a nominal cost. 

  8. Kanakkupillai Kanakkupillai | New Company Registration | LLP | FSSAI | GST Registration etc Kanakkupillai is India’s No.1 Leading Legal service provider for Start-ups. Get all your registration done at kanakkupillai at minimal cost with FREE Consulting. 

  9. Contact Us No 13/22 2nd floor, Yatra, TNGO Colony, West Karikalan street, Adambakkam, Chennai – 88 Phone: 7305 345 345 Email: support@kanakkupillai.com https://www.kanakkupillai.com/

  10. Thank You

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