He also said GST tax collection varies with the nominal rate of GDP in the economy and there has been some slowdown in it
The GST mop-up in September was 2.67 per cent lower than the collection in the corresponding month last year and 6.4 per cent below the last month's figure
Some states have asked for rate cuts for 5-star hotels; relief for cement, biscuit industries may be discussed
Smriti Irani described the first 100 days as historic, and tweeted some of the steps taken
Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion
Sitharaman slashes FY20 forecasts by 13% from Goyal's February Budget Estimates
Govt might push data intelligence, crackdown on evasion to boost collections
Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20
Officials indicate that March collection on the way to cross Rs 1 trillion
Previously in April and October, the collections had surpassed this milestone
The Centre needs Rs 87,000 crore in January, February and March at least to recoup this shortfall
The total GST target for FY19 is pegged at Rs 12.5 trillion
Stability at this level in the remaining part of 2018-19 key for fiscal discipline
This has brought down the average monthly GST collection in 2018-19 marginally, from Rs 967 billion (April - August) to Rs 963 billion (April - September)
The apportionment would help improve indirect tax position of both the Centre and states
Of the total collection, Central GST (CGST) stood at Rs 158.66 billion
A total of 6.047 million GSTR 3B returns were filed for the month of March, as on April 30, as against 8.712 million
Revised Estimates in the Budget pegged collection at Rs 4.44 trillion
The government had last reported a GST collection of Rs 7.17 trillion for the first eight months
In January, the collection slipped marginally to Rs 863 billion from Rs 867 billion in December