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HomeGST NEWSGovt. rakes in ₹12,000 crore GST from Bengal till Dec.

Govt. rakes in ₹12,000 crore GST from Bengal till Dec.

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The Centre has raked in some ₹12,000 crore from West Bengal during the current fiscal till December as its share from the Goods and Services Tax (GST) from the State and expects to exceed the target of ₹18,000 crore by March 2019, according to a revenue official.

“The CGST (Central GST) share target for the FY19 was ₹18,000 crore and till December, we have already collected ₹12,000 crore. We hope the target may get exceeded by March,” Assistant Commissioner of CGST Pandiyaraj G.V. said on the sidelines of a seminar organised by The Bengal Chamber on the contentious issues relating to GST.

Source: https://www.thehindu.com/business/Industry/govt-rakes-in-12000-crore-gst-from-bengal-till-dec/article26292680.ece

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