Tax Dept raises GST revenue target to Rs 1.15 trillion for Jan-Feb

The tax department on Friday raised GST collection target to Rs 1.15 trillion over the next two months and Rs 1.25 trillion for March month by checking fraudulent input tax credit claims.

The decision in this regard was taken in a high-level meeting chaired by Revenue Secretary Ajay Bhushan Pandey held on Friday, sources said.

Last month, the department had raised its GST tax collection target to Rs 1.1 trillion per month with Rs 1.25 trillion for a single month for the remaining period of this financial year while the direct tax target was to remain at Rs 13.35 trillion sans the