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News GST

  • Mar 14, 2018
  • Monthly GST revenue close to Rs 90,000 crore, says Finance Ministry

    The finance ministry on Tuesday said in the Rajya Sabha that the average monthly goods and services tax (GST) collection in the July-January period stood at Rs 89,767 crore, higher than Rs 87,468 crore reported earlier. The government provides the collection figures a few days after the deadline for filing returns for a particular month expires. However, many taxpayers continue to file returns and pay taxes much after the deadline, thus leading to an increase in the collection at a later date.

    Source - http://www.financialexpress.com