As per the tradition till now, the government releases data related to GST collection on the basis of cash collected in a given month. A source said that under the circumstances arising out of Kovid-19, the government has decided to wait for the extended deadline before releasing the collection figures.
Sources said that it has been decided to postpone the April GST collection figures due to ‘unprecedented circumstances’ arising out of coronavirus. No date has been set for the release of this figure.
According to the source, the government expects more returns to be filed by May 5. He said that a decision has to be taken to extend this deadline. Talking about the financial year 2019-20, in seven months in 12 months, the GST collection figure went up to Rs 1 lakh crore. In March this year, the government earned Rs 97,597 crore from GST.
According to another source, low tax collection in April may also be the reason for postponing the release date.