Tuesday, 27 March 2018

That means stringent rules must be imposed to collect right GST
Revenue collection under the Goods and Services Tax (GST) fell for the second consecutive month in February by Rs 1,144 crore to Rs 85,174 crore. The collection had marginally slipped in January to Rs 86,318 crore from Rs 86,703 crore in December.
“The total revenue received under GST for February 2018 (received upto March 26) has been Rs 85,174 crore,” the Finance Ministry said in a statement. It added that 59.51 lakh GST returns were filed for February till March 25.
“This is 69 percent of total taxpayers which are required to file monthly returns,” it said.

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