January GST collections may be lowest this fiscal

The goods and services tax (GST) collected in January (for December) is seen to be the lowest in the current fiscal. While the average collections during April-December was Rs 96,800 crore a month, the collections in January are around Rs 93,000 crore. With tax rate cuts on 23 items announced by the GST Council in December coming into effect from January 1, the collections next month may remain su…