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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

Post-GST tax collection not as expected: Isaac

Says software hitches delayed filing of returns
Though the State has not suffered any loss in income due to the introduction of GST, it has not been able to achieve the 25% projected increase in tax collection.
Replying to questions in the Assembly, Finance Minister T.M. Thomas Isaac said the delay in filing returns on account of hitches in software had hit IGST fund settlement and this had adversely affected tax collection in Kerala. Tax evasion is taking place and only 7% had submitted the returns last month. There were no check-posts and e-way bill had not been fully implemented. The Anti-Profiteering Authority was yet to act on 153 companies that had violated rules, he said.