News
Govt struggles to meet GST collection target; indirect tax mop-up shortfall could be this much in FY19
- Date:
- November 22, 2018
- Source:
- Financial Express
The government has been struggling to meet the Goods and Services Tax (GST) collection target, which along with the cut in excise duty on fuel may lead to a shortfall of Rs 90,000 crore, a report has said. The government has missed GST collection target in five of the six months of FY19 so far. A report by SBI research pointed out that due subdued GST mop-up and excise duty cut on petroleum p…