COVID-19: Govt defers release of April GST collection data


Team Udayavani, May 1, 2020, 8:54 PM IST

New Delhi: The government on Friday deferred the release of April GST revenue collection data due to the ongoing lockdown, sources said.

The government had last month extended the deadline to file GST returns for March to May 5, from April 20.

As per convention, the government releases a GST revenue collection number on the basis of cash collection in a particular month. However, with the situation arising out of COVID-19, the government has decided to wait until the extended deadline for filing returns before the release of the collection figure.

Sources said due to the “unprecedented situation” arising out of the coronavirus outbreak, it has been decided to defer the April GST collection data release. No date has yet been decided to release this data, they said.

“The government will wait till May 5 before announcing the collections,” a source said.

For business activity in a particular month, GST return has to be filed in a staggered manner by the 20th of next month. Hence for transactions in March, GST return had to be filed by April 20, which was extended till May 5.

According to another source, low collection figure till now could have been the reason for the deferment of GST data release on Friday. The nationwide lockdown to contain the spread of COVID-19 disease was imposed on March 25.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Lok Sabha Polls 2024: JD(S) & BJP will form coalition govt in Karnataka again: H D Kumaraswamy

NE’s integration with rest of India happened under Modi govt: BJP chief Nadda

BJP files complaint with EC against Sowmya Reddy, others for alleged violation of poll code

Siddaramaiah slams BJP candidate for visiting house of alleged police recruitment scam kingpin

Udupi: Cong candidate Jayaprakash Hegde embarks on campaign tour

Mangaluru: BJP, Cong workers engage in verbal spat near Sai baba temple

Biden administration official backs reform of UN in response to Musk’s comments on permanent UNSC seat for India

Related Articles More

India not reaping benefits of democratic dividend: Raghuram Rajan

Markets slump for third day on fears of escalating tensions in Middle East; IT stocks drag

Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report

With just Rs 150 base airfare take a 50-minute flight

Byju’s founder Raveendran to take over firm’s daily operations after CEO Mohan’s resignation

MUST WATCH

Grafting Jack Anil

Heat Illness

Dwarakish death at 81

H. D. Deve Gowda

Aura Cake shop in udupi


Latest Additions

LS polls PM Modi asks people to vote in record numbers

Our nerves got tested, says MI skipper Pandya after close win over PBKS

Lok Sabha Polls 2024: JD(S) & BJP will form coalition govt in Karnataka again: H D Kumaraswamy

Youth detained for Facebook threat to BJP MLA in Nashik

NE’s integration with rest of India happened under Modi govt: BJP chief Nadda

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.