The indirect revenue collection by the government may fall short of the target this fiscal due to disruption caused by the GST rollout, a top official said today.
For the year ending March 2018, the government had budgeted Rs 9.68 trillion collection from customs and GST.
However, the official of the Central Board of Excise and Customs (CBEC) made it clear that there is no plan to revise the revenue collection target for the year.
The CBEC functions under the revenue department of the Ministry of Finance.
"The revenue collection target from customs and GST, which put together is Rs 9.68 trillion for the current fiscal, seems difficult for the department (to achieve) at the moment, keeping in view the recent GST rollout," Vanaja N Sarna, chairperson, CBEC told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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