States’ GST shortfall to reduce amid better collections: Finance Secy

States’ GST shortfall to reduce amid better collections: Finance Secy

Finance Secretary Ajay Bhushan Pandey has said that the GST revenue shortfall faced by the states is likely to come down as GST collections have improved during the last few months. Pandey’s comment came after the GST collections surged to an all-time high of nearly ₹1.2 lakh crore in January. December 2020 GST collections stood at ₹1.15 lakh crore.

News source : The Financial Express

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