Auto Sector Slowdown, Widespread Rainfall Impacted GST Mop-up in September: Centre
The Hindu Business Line|October 04, 2019
The mop-up is below the Budget Estimate of over ₹1-lakh crore
Auto Sector Slowdown, Widespread Rainfall Impacted GST Mop-up in September: Centre

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The Centre has blamed the cyclical slowdown in sectors such as automobile and widespread rainfall during August for the low Goods and Services Tax (GST) collections in September.

It has also denied the allegations made by Kerala’s Finance Minister Thomas Isaaac on GST non- compliance.

GST collections in September were ₹91,916 crore, which was the lowest after ₹85,962 crore collected in February 2018. Since GST is a destination-based tax, the current downtrend in consumption is said to have impacted collections. The mop-up is also below the Budget Estimate of about ₹1-lakh crore.

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