GST collection on an upswing; exceeded FY18 target for direct tax: Finance secretary

The Economic Times By ET Online Apr 02, 2018, 06.43 PM IST

GST collections on an upswing, Feb mop-up at Rs 89,264 cr, Rs 17K cr refunds given: Adhia

Addressing a press conference, finance secretary Hasmukh Adhia said that the government has exceeded direct tax collection target for FY18.

The finance secretary said that total GST collections are on an upswing and the February mop up came in at Rs 89,260 crore.

A total of 17,616 crore as refund has been given out so far, he added.

The finance secretary said that the e-way bill was successfully rolled out on Sunday without any glitches.

The GSTN chairman Ajay Bhushan Pandey said that a total of 2.59 lakh bills were generated on the first day and the figure has gone up to 2.89 lakhs today.

A total of 11 lakh dealers have registered for the e-way bill, he added.

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