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GST shortfall and what govt needs to do

Goods and Services Tax (GST) collection in October declined 5.3% year-on-year, to Rs 95,380 crore, because of the slowdown in consumption. Overall GST collections in April-October 2019 increased 3.4% year-on-year. The government has a target of at least Rs 1 lakh crore in GST collection every month to meet its revenue estimates.

Source: a2ztaxcorp.com

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