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Government defers release of April GST collection data

Government defers release of April GST collection data

The government on Friday deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led to lower mop-up during the month, sources said.
The government had in March extended the deadline to file GST returns for entities with turnover of over Rs 5 crore by 15 days from the due date without payment of any late fee, interest and penalty. However, a reduced rate of 9 per cent interest will be levied if the return is filed after May 5 till June 30.

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