CARE Ratings pegs GST collection at Rs 12.60-13.40 lakh cr in FY20

Research and rating firm, CARE Ratings, has projected the gross  Goods and Services Tax  (GST) collections in the range of Rs 12.60 to 13.40 lakh crore in the current financial year requiring an average monthly collections of Rs 1.05-1.12 lakh crore. In its analysis of the indirect tax figures, the firm said that although the GST collections have been the highest in April, it has been lo…