GST collections reverse trend; rise to Rs 86,703 crore in December | LikeWike
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GST collections reverse trend; rise to Rs 86,703 crore in December

 

Goods and services tax (GST) receipts rose in December 2017, reversing the decline seen in the previous two months. The government expects collections to improve in the coming months as measures to raise compliance have begun to show results, officials said.

 

The total collections for December rose to Rs 86,703 crore, as on January 24, the finance ministry said in a post on microblogging site Twitter on Thursday. GST receipts had slipped to Rs 80,808 crore in November from more than Rs 83,000 crore in October and over Rs 92,000 crore in September.

 

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