States slash GST revenue goals over shortfall concerns

Budgets recently announced by different states indicate apprehensions over huge shortfall in GST collections this year. Many states have sharply revised their GST revenue targets for 2019-20. The Kerala budget has revised its 2019-20 GST collection target (it includes state GST, share in the Central GST and transfer from Integrated GST) downward by 22 per cent to Rs 29,300 crore. It had earlier bu…