GST collections inch up in July to ₹ 96,483 crore on e-way bill usage – Live Mint

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  • Last Updated on 27 October, 2020
“GST revenue collections are improving from last three months after implementation of e-way bill which is a major tool to curb tax evasion,” said Vishal Raheja of Taxmann, a publisher of tax and corporate law books. The latest rate cuts will hit revenue collection in the short run, but demand for goods will rise because of lower prices, which will boost collection in the long run, he said. Finance minister Piyush Goyal had said while announcing the rate cut that its impact will be minimal on the exchequer.
 

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