The Centre on Thursday set up a committee to quickly come up with a list of changes in law and procedures needed to augment Goods and Services Tax receipts. The move comes days after the GST collections dived to a 19-month low of Rs 92,000 crore in September.
The dip coincided with an economic slowdown triggered by very low consumer demand. But the decision to set up the committee with a directive to give its first report within 15 days indicates that the government believes that systemic changes in the GST architecture could help.
First Published:
Oct 10, 2019 14:29 IST
Source: HindustanTimes