June GST collection near Rs 1 lakh crore mark but centre’s collection falls 20% short of target – Financial Express

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  • Last Updated on 27 October, 2020
Vishal Raheja, DGM, GST, Taxmann, said: “Certainly GST revenue collections are improving from last three months after implementation of e-way bill which is a major tool under GST to curb tax evasion. However the government is still short of the average monthly target of revenue fixed in Budget of 2018-19. The rate cuts on recommendation of the GST Council in the last meeting will impact collection in short run but demand will increase due to lower prices and it will boost collection in long run.”
 
 

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