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Central GST Recovers 2744 Crore Revenue In Lockdown

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Central GST Recovers 2744 Crore Revenue In Lockdown

GST Recovered Revenue

Central GST Recovers 2744 Crore Revenue In Lockdown

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Central GST Recovered Revenue Of Rs 2744 Crore 2 Lakh 25853 During Lockdown. This Amount Has Been Received within the sort of Central Service Goods and repairs Tax And Central Excise. However, The Target For Revenue Collection Has Not Yet Been Set By The Union Finance Ministry For The fiscal year 2020-2021.

In The Last fiscal year, 90 Percent Tax Was Levied Against The Target Of 9422 Crore 65 Lakh 69459. At an equivalent Time, Revenue Of quite Rs 2744 Crore Has Been Recovered For this era Estimated At About Rs 3150 Crore. Official GST Sources Said That There Has Been A Lockdown And Subsequent Business Recession Across The Country. On the opposite Hand, Its Impact wasn’t Seen In Chhattisgarh. There Has Been Steady Growth In Agriculture, Forest, Mining, Steel, And Iron Sectors. Thanks to This, the quantity Of GST Was Deposited By The Traders. It’s Noteworthy That Chief Minister Bhupesh Baghel Had Said that in The Lockdown There Would Be No Impact On The State’s Economy. Also, An Example Was Presented ahead Of The Country.

60 Cases Registered

The Central GST Team Raided The Locations Of Tax Evaders During Lockdown. During This, a complete of twenty-two Cases Were Registered And evasion Of Rs 192 Crore Was Caught. Also Issued Notice And Directed To Deposit the quantity Including The Fine. In This, The Actions Taken In Rajnandgaon, Durg-Bhilai, Bilasupar, And Raipur Are Said To Be Prominent. Allow us to Tell You that in The fiscal year 2019-2020, 60 Cases Were Registered By GST. Strict action will be taken to all culprits whose cases are registered by the central GST team.

GST Principal Commissioner Bibi Mohapatra Said that in The Lockdown, The GST Amount Was Deposited From Korabari Sector. Within the half-moon, The Department Received Tax Of quite Rs 24 Crore.

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Anurag Srivastva
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