GST September kitty at Rs 94,442 cr, below estimate

Even as the goods and services tax (GST) collection rose marginally to Rs 94,442 crore in September from last month's Rs 93,960 crore, it missed its projected target of Rs 1 lakh crore, which experts say might happen from November or December. They attribute this to the upcoming festive season, drive against bogus bills and evasion, and additional sops.

Of the September's collection, Central GST is Rs 15,318 crore, State GST is Rs 21,061 crore, Integrated GST is Rs 50,070 crore and cess is Rs 7,993 crore, the government said.

KPMG in India partner & head (indirect tax) Sachin Menon told DNA Money that since GST collection has not picked up as expected, the taxpayers may see enhanced anti-evasion drive by the government.