Tuesday 5 June 2018

GST COLLECTION FOR MAY

GST collection in May declines to Rs 940 billion, misses Rs 1-trillion mark


India collected a Rs 94,016 crore in the form of goods and services tax (GST) in May 2018, up from the average collection of nearly Rs 90,000 crore per month in financial year of 2017-18.The collection for the April was higher than that but in April all the year end adjustments/tax payments are done hence it usually reflects anomaly.  






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