IGST declines in April, reflects softening prices, import contraction

Even as gross Goods and Service Tax (GST) collection touched a record high of Rs. 1.87 trillion in April, the mop-up from IGST on imports declined by 4.7% on year in the month, owing to contraction in imports, falling global commodity prices and the glitches in the Customs duty payments on the Electronic Cash Ledger portal.

Read more at : FINANCIAL EXRESS