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Tag: indirect tax examples

GST and Non-GST Net Indirect Tax Collections Increase by 12% to Rs 10.71 Billion.

Indirect tax revenue (including GST and non-GST) totalled Rs 10.71 lakh crore in FY20, up 12% from real revenue receipts of Rs 9.54 lakh crore the previous fiscal year. Provisional collections account for 108.2 % of the FY21 Revised Estimates of Rs 9.89 lakh crore, according to the finance ministry. As a result of Covid,…
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