Fri, Nov 03, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
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Sun, Jan 27, 2019
The government has already admitted the revenue shortfall "since GST is still in stabilization stage" and has stated on multiple occassions that it is looking at attaining a monthly average of Rs 1 lakh crore as against the monthly target of Rs 1.12 lakh crore set in the Budget (including SGST and cess).
According to sources, availing ITC ideally should not result in loss of revenue but there could be possibility of misuse of the provision by unscrupulous businesses by generating fake invoices just to claim tax credit.
Wed, Jan 23, 2019
The GST trend in FY19 so far has been a mixed bag, with only two months posting over Rs 1 lakh crore revenue collection. It needs to be noted that, the centre estimated Rs 12.9 lakh crore
Thu, Sep 28, 2017
Finance Minister Arun Jaitley today said the Goods and Services Tax (GST) collections in the first two months have met the target and going forward the revenue will see further surge.
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