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The Times of India
The Times of India
Business
PTI

Monthly GST revenue at Rs 1.50 lakh crore to be new normal next fiscal: CBIC chief

GST CBIC Vivek Johri Customs New Delhi

NEW DELHI: Monthly GST collection is expected to average around Rs 1.50 lakh crore and it will be the ‘new normal' in FY24 in view of concerted efforts to check evasion and bring new businesses within the GST net, Central Board of Indirect Taxes and Customs (CBIC) chief Vivek Johri said on Thursday.

In an interview to PTI, Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends, respectively and the indirect tax collection target set for next fiscal will be achieved.

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