Business Standard

Successful roll-out: Centre's GST collections have improved in Feb

The Centre's revenues seem to be particularly protected, given the consistently high levels of "unallocated" integrated GST being recorded

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Business Standard Editorial Comment
As the fiscal year draws to a close, it is worth examining how the government’s indirect tax collections have panned out this year, given that it was the year of the introduction of the goods and services tax (GST). What emerges from the data on GST collection, released on Tuesday, is that the well-known disruptions that accompanied the roll-out of the GST were taken into account by the government in the Budget-making exercise. When the state GST is taken out of the equation, the Union Budget for 2018-19 estimated that Rs 4.4 trillion would be collected in 2017-18. Now that

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