GST collections rise to Rs 95,610 crore in June: Hasmukh Adhia
New Delhi, July 1 : Revenue collection under the Goods and Services Tax (GST) in June crossed Rs 95,000 crore and was higher than the average monthly collection of Rs 89,885 crore during 2017-18, the government said on Sunday.
The June GST collection at Rs 95,610 crore exceeded the previous month's revenue of Rs 94,016 crore, Finance Secretary Hasmukh Adhia announced at an event here to mark the first anniversary of the roll out of India's new indirect tax regime.
"The June GST figure of Rs 95,610 crore represents an increase of Rs 1,600 crore in collections between May and June and is further proof of stabilising of the new tax regime.
"The April GST collection of Rs 1,03,000 crore was because of the March (financial year-end) effect. Otherwise average monthly collection for the last fiscal was Rs 89,885 crore," he said.
The Secretary said last month that the number of returns filed for April had also gone up to 62.46 lakh, as against 60.47 lakh filed for March, and that the higher April collections also reflected better compliance after introduction of e-way bills for transportation of goods.
In a video address shown at the event, Finance Minister Arun Jaitley said that a most significant aspect of GST was the increase in collections in the last fiscal by 11.9 per cent over the revenue collection during the pre-GST regime.
"There is an increase in tax buoyancy of 1.2 per cent, which was unknown previously," he said.
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No stone pelter, terrorist will be released in J-K: Amit Shah
Nowshera (J-K) (PTI): Talking tough on terror, Home Minister Amit Shah on Sunday said no stone pelter or terrorist will be released in Jammu and Kashmir and there will be no talks with Pakistan till terrorism is wiped out.
At an election rally in Nowshera in support of J-K BJP president Ravinder Raina, the senior BJP leader said he would like to talk to the youth of Jammu and Kashmir, whom he referred to as "lions".
“They (NC-Congress alliance) want to release stone pelters and terrorists (after formation of their government as promised in their manifesto). Farooq Abdullah is talking about revival of terrorism in Jammu hills but I want to tell them that this is Modi government and we will bury terrorism in ‘patal’ (deep inside earth). No terrorist or stone pelter will be released,” he said.
Shah said the NC and Congress are batting for talks with Pakistan.
“I want to tell Farooq Abdullah and Rahul Gandhi that there will be no dialogue with Pakistan till terrorism is wiped out. I will talk with my lions (youth of J-K) and not with Pakistan.”
Referring to underground bunkers constructed by the government for the safety of border residents over the years, he said there will be no need for such structures as “nobody has the power to open fire” from across the border.
“If they fire a bullet, we will respond with a shell,” he said.
He also slammed the NC-Congress leaders' remarks on reservation, and said nobody will be allowed to touch reservation given to deprived sections, including Paharis, Gujjars, Dalits, other backward classes.
“Rahul Gandhi is saying in Amercia that there is no need for reservation. I want to tell him that you will not be allowed to finish reservation for the deserving communities,” he said.
