CGST collections miss target by 40% in Apr-Nov.

The Central GST collection fell short of the budged estimate by nearly 40% during the April-November period of 2019-20, according to the data presented in Parliament on Monday.

The actual CGST collection during April-November stood at ₹3,28,365 crore while the budgeted estimate is of ₹5,26,000 crore for these months, Minister of State for Finance Anurag Singh Thakur said in a written reply in Lok Sabha.

The Minister added that the data was provisional. In 2018-19, the CGST collection stood at ₹4,57,534 crore as against the provisional estimate of ₹6,03,900 crore for the year, he said.