(a) whether the present estimates indicate that the indirect tax collection may be lower then the earlier estimates of the Government in the country;
(b) if so, the details thereof and the reasons therefor; and
(c) the steps proposed by the Government to meet this deficit?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SHIV PRATAP SHUKLA)
(a) & (b): Yes, Sir. The Revised Estimate (RE) for indirect tax revenue (exclusive of GST-compensation cess) is lower than Budget Estimate (BE) for FY 2017-18, because the GST revenue for March, 2018 will be realised in April, 2018.
(c): As presented in the Union Budget 2018-19, the Government has proposed to meet the RE 2017-18 of Central Revenue Receipts in the current financial year.
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