- Thursday, April 18, 2024
By: Eastern Eye Staff
Finance Minister Arun Jaitley had recently said that the government has garnered Rs 95,000 crore revenues from GST in the first month of July itself, which is much more higher than the same period last year. Out of the Rs 95,000 crore collected as GST in the first month of tax rollout in July, Rs 65,000 crore has been claimed by traders as CGST transitional credit. The tax department has now ordered a scrutiny of the claims. CBEC feels it could be a mistake. If the claims are found genuine, then the government’s claim of collecting ever highest GST levy…
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