GST - Delhi is happy with collection figures
Published: May 01, 2018
By TIOL News Service
NEW DELHI, MAY 01, 2018: THE fiscal year is over. On GST front, the Centre may be lagging behind its targets but some of the States have simply made it. Delhi is one of them. As per latest data, Delhi Govt had pegged Rs 26000 Crore as its internal target and it has surpassed the same by mopping up Rs 26337 Crore. This sum includes both VAT + GST collections. Delhi also received Rs 157 Crore as compensation from the Centre.
The target for the current FY 2018-19 is Rs 29,000 crore. There are around 6.5 lakh traders on the GST network. It's hoped that the e-way bills framework that kick-started from April 1, 2018 would help in improving tax collections.