The Goods and Services tax system in the present indirect taxation as there are three financial years from 2017-18 to 2019-20 have been completed in India. This research study made attempts to identify whether the concrete revenue... more
The Goods and Services tax system in the present indirect taxation as there are three financial years from 2017-18 to 2019-20 have been completed in India. This research study made attempts to identify whether the concrete revenue performance is performing progressively or not as comparatively anticipated revenue in the current GST scenario. The anticipated GST revenue was already estimated for the financial year 2013-14 by then Chief Economic Advisory Committeeand now then projected the same by followingthe annual growth rate of Gross Value Added values at basic and constant prices for making comparison with concrete revenue till financial year 2019-20. The GST revenue collections are obtained from Central Board of Indirect Taxes and Customs (CBIC) and Press Information Bureau (PIB) for all three years in month wise are analyzed for trend performance.