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Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
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Below the Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Just wanted to share a quick quote on GST collection numbers for March 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India.
The healthy rate of growth of the GST collections on year on year basis reflects growth of the economy as well as improved compliance (aided by the various anti-evasion measures taken by the Government). Increase in the GST collections in FY24 is also aided by the payment of tax liability by the assessees against the notices issued by the tax authorities during FY24 for FY18 and FY19.
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