As per convention, the government releases GST revenue collection number on the basis of cash collection in a particular month. However, with the situation arising out of COVID-19, the government has decided to wait till the extended deadline.
New Delhi: The government on Friday deferred the release of April GST revenue collection data due to the ongoing lockdown, sources said. The government had last month extended the deadline to file GST returns for March to May 5, from April 20.
As per convention, the government releases GST revenue collection number on the basis of cash collection in a particular month. However, with the situation arising out of COVID-19, the government has decided to wait till the extended deadline for filing returns before release of the collection figure.
Sources said due to the “unprecedented situation” arising out of the coronavirus outbreak, it has been decided to defer the April GST collection data release. No date has yet been decided to release this data, they said.
“The government will wait till May 5 before announcing the collections,” a source said.
Source and credits : Economic Times
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