Higher in­flows ex­pected

The Hindu Business Line - - FRONT PAGE - PTI

in­crease” com­pli­ances.

Only 64.92 per cent of the el­i­gi­ble 59.57 lakh busi­nesses have paid GST for the month of July and more are ex­pected to pay. He, how­ever, cau­tioned that the fig­ures would see some ad­just­ment as the com­pen­sa­tion cess has to be re­moved from it.

“In sum to­tal, we seem to be with more com­fort­able. But we will have to break up the fig­ures and see if some State has not re­ceived the ex­pected rev­enue. In that case, com­pen­sa­tion will be given,” Jait­ley said.

Quot­ing data up to 10 a.m. on Tues­day, Jait­ley said the to­tal rev­enue from Cen­tral GST is ₹14,894 crore and from State GST is ₹22,722 crore.

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