GST mop-up: Rs 1-trillion target missed for fifth month in a row

This has brought down the average monthly GST collection in 2018-19 marginally, from Rs 967 billion (April - August) to Rs 963 billion (April - September)

Collections from the goods and services tax (GST) fell short of the target of Rs 1 trillion-a-month for the fifth consecutive month in September this financial year. However, the collections at Rs 944 billion last month was up 0.5 per cent over the August figures, which stood at Rs 940 billion. GST rate cut on a range of products from July 27 likely to have resulted in the subdued numbers. 

Experts are now pinning hope on the festival months to see if the target can be achieved.  So far, the target was met only in April, primarily owing to the payment