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| June 2023 (Week 2) | ||
GST NEWS BULLETIN
₹1,57,090 crore gross GST revenue collected for May 2023
The gross Goods & Services Tax (GST) revenue collected in the month of May 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST is ₹81,363 crore (including ₹41,772 crores collected on import of goods) and cess is ₹11,489 crore (including ₹1,057 crores collected on import of goods).
18% GST applicable to works contract services provided to UP Jal Nigam
The AAAR, Uttar Pradesh in the case of M/s the Indian Hume Pipes Company Ltd. (Appeal Order No. 05/AAAR dated March 10, 2023) has held that the assessee providing works contract services to Uttar Pradesh Jal Nigam (“UP Jal Nigam”), a government authority, would be liable to pay GST @ 18%.
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