CGST collections miss target by 38% in Apr¬-Nov

Why is it in the news ?
  • According to the official data, the Central GST collection fell short of the budged estimate by nearly 38% during the April-November period.
More in the news
  • The actual CGST collection during April-November stood at Rs. 3,28,365 crore while the budgeted estimate is of Rs. 5,26,000 crore for these months.
  • The Minister added that the data was provisional.
  • In 2018-19, the CGST collection stood at Rs. 4,57,534 crore as against the provisional estimate of ₹6,03,900 crore for the year.
Source
The Hindu.
Posted by Jawwad Kazi on 10th Dec 2019
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