https://www.taxtmi.com/article/detailed?id=10094 Gross GST receipts have risen to near record levels, supported by higher import and domestic transaction revenues and improved compliance driven by system upgrades, auto-populated returns, enforcement of e way bill rules and conditional input tax credit. Pandemic related GST compensation shortfalls led the Centre to borrow and provide back to back loans to States/UTs and to release partial compensation where the Compensation Fund was inadequate. Despite revenue gains, risks from weak private investment, informal sector distress, inflation and pandemic variants warrant continued policy flexibility and targeted fiscal measures. en-us Fri, 03 Dec 2021 09:45:37 +0530 Fri, 03 Dec 2021 09:45:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10094 Gross GST receipts have risen to near record levels, supported by higher import and domestic transaction revenues and improved compliance driven by system upgrades, auto-populated returns, enforcement of e way bill rules and conditional input tax credit. Pandemic related GST compensation shortfalls led the Centre to borrow and provide back to back loans to States/UTs and to release partial compensation where the Compensation Fund was inadequate. Despite revenue gains, risks from weak private investment, informal sector distress, inflation and pandemic variants warrant continued policy flexibility and targeted fiscal measures. Articles Goods and Services Tax - GST Fri, 03 Dec 2021 09:45:37 +0530 https://www.taxtmi.com/article/detailed?id=10094