Lack of item-wise tax collection data proves a hurdle

Even after 10 months of the Goods and Services Tax (GST) rollout, tax authorities are not in a position to tell which sector or item generates higher revenue and which one lags. The reason for this is the Tax Department has no item or sector-wise tax collection details under the biggest tax reform. Meanwhile, officials under the Central Board of Indirect Taxes and Custom (CBIC, previously known as…