
Equally, the Central Excise income has additionally registered a development of 14%, with collections rising from ₹4,433 crore within the two-month interval until Might 2024 to ₹5,056 crore within the corresponding interval this fiscal. These figures point out a optimistic momentum in oblique tax collections, reflecting each financial exercise and improved compliance, Mr. Rahman instructed the media right here forward of the GST Day celebrations on Tuesday.
The Central Board of Oblique Taxes and Customs has chosen Kerala Central Items and Companies Tax (CGST) for commendation certificates for the processing of GST Registrations and disposal of GST Appeals. Notably, 55% of GST registrations are processed inside simply 5 days, towards the nationwide common of 14 days. Moreover, the zone has resolved 83% of pending GST appeals throughout the 12 months, Mr. Rahman stated.
The registration rejection charge in Kerala CGST is lower than 19%, far decrease than the nationwide common of 43%. When it comes to GST refunds, the zone processed 3,003 claims throughout 2024–25, disbursing ₹653.7 crore in refunds. The typical processing time of 30 to 40 days is properly throughout the statutory restrict of 60 days, he stated.
Revealed – June 30, 2025 08:18 pm IST