Tax administration Measures & easy compliances led to record breaking GST collection: CBIC Chairman

Tax administration Measures & easy compliances led to record breaking GST collection: CBIC Chairman

CA Pratibha Goyal | May 4, 2022 |

Tax administration Measures & easy compliances led to record breaking GST collection: CBIC Chairman

Tax administration Measures & easy compliances led to record breaking GST collection: CBIC Chairman

The CBIC chairman in his recent GST Newsletter said that “Various measures taken by the tax administration including nudging assesses to file returns accurately and timely, making compliances easier, and initiating appropriate action against the delinquent both by central & state GST authorities have all contributed in making the record collections possible.”

GST collections for the month of April 2022 stood in excess of Rs. 1.67 Lakh Crore. This is 20% higher than the corresponding month of last year.

GST Revenue collection for April 2022 highest ever at Rs 1.68 lakh crore

He Further Added that “A healthy upward trend was also seen in the number, percentage of returns filed as well as in the number of e-way bills generated. Put together, this speaks to the upswing in economic activity in the country as well as the sustained improvement in compliance behavior.”

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
New NPS rule from 1st April: Check What is Changed in New NPS Rule Due Date for Mutual Fund ELSS Investment for 80C is 28th March not 31st March: Hurry Up Late MSME Payment section 43B(h) now reality: What to do in this case These Income Tax High Value Transactions that May Trigger Notice from IT Department; Check List Last Chance to file Updated ITR for AY 2021-22: Be Ready to pay 200% of Tax Evaded if missedView All Posts