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

Tax administration Measures & easy compliances led to record breaking GST collection: CBIC Chairman The CBIC chairman in his recent GST Newslette…

authorCA Pratibha GoyaldateMay 4, 2022
Last update on May 4, 2022
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."

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CA Pratibha Goyal

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CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.
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