• GST collections cross Rs 1 lakh crore mark

    GST collections cross Rs 1 lakh crore mark

    Published Date : 01-Nov-2018 1:17:30 IST

    Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday. This was a marked improvement over the September GST collection (for August) which stood at Rs 94,442 crore. “GST collections for October 2018 have crossed Rs. 1 lakh crore. The success of GST is lower rates, lesser evasion, higher compliance, only one tax and negligible interference by taxation authorities,” he said in a tweet.

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