Centre's GST collections go up, states' portion dip in current fiscal year
A peculiar trend is playing out under the goods and services tax (GST) regime in the current fiscal year. Overall monthly collections are showing a dismal trend owing to the slowdown, with national collections growing 5 per cent in the first half. But as GST is a federal tax collected by both the Centre and states, and then distributed among the both, ideally Centre’s portion (CGST) and states’ po…