Kumata
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- Feb 27, 2019
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That's primarily driven by 2 factorsGST collections have seen a upward trend but is there any way to gauge if the tax net has expanded significantly.
1 ) GOI made it mandatory for anyone with turnover above 20 crores to issue E-bills mandatory .. earlier this limit was 500 crores...this bought in many fishes into pond
2) Inflation also contributed... More higher prices more GST as GST is a subset of original prices on percentages basis than being a fixed item....