GST Col­lec­tions in Line With Pro­jec­tions, No Short­fall: CBEC

The Economic Times - - Economy: Macro, Micro & More -

Tax col­lec­tions un­der the new GST regime are more or less in line with the pro­jec­tions and there are no plans yet to re­vise the an­nual rev­enue tar­gets, CBEC chair­per­son Vanaja N Sarna said. Sarna said the tar­get for rev­enue for the cus­toms depart­ment is about .₹ 9.68 lakh crore for the cur­rent fis­cal. Cus­toms col­lec­tion growth is “al­right”, she said, adding that the GST roll­out from July 1 has been rel­a­tively smooth. “The roll­out has been rel­a­tively smooth and col­lec­tions are more or less com­ing in line,” she said, adding that it is very dif­fi­cult to say if the tar­gets of tax col­lec­tions in the new regime would be met or not.

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