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Thursday, October 3, 2019

Goods and Services Tax (GST) - GST collections dip to 19-month low of Rs 91,916 cr in Sep'19 ; 75.94 lakh returns filed:

The Goods and Services Tax (GST) collections dropped sharply to a 19-month low of Rs 91,916 crore in Sep'19, mirroring a widening slowdown in economy triggered by shrinking consumer demand.



This is the second straight month of decline in the GST collections, according to official data released by the finance ministry.

The tax collections at Rs 91,916 crore in Sep'19 was lower than Rs 98,202 crore collected in Aug'19 and Rs 94,442 crore mop-up in Sep'18

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