March 2023 (Week 2)

GST NEWS BULLETIN

GSTN launches e-invoice registration services with private IRPs at the recommendation of the GST Council

The Goods and Services Tax Network ("GSTN") vide Advisory dated March 04, 2023, has launched the e-invoice registration services through multiple private Invoice Registration Portals ("IRPs") at the recommendation of the GST Council.

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₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher

The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crores collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crores collected on import of goods).

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(Chartered Accountants)

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