CBEC is spending Rs.0.83 for collecting Revenue of Rs.100
THE GST roll-out will not only increase the tax collection, but also reduce the high cost of revenue collection being incurred by the department. As of now, CBEC (which comes under Revenue Dept) is spending Rs 0.83 for collection of Rs 100. This will come down once GST is implemented. - Member, CBEC informed while speaking on the sidelines of a CII-organised event last year.
Following are the details provided by the CBEC on its portal.
Comparative cost of revenue collection from 2010-11 to 2014-15
Legal Corner Icon — the image was hosted by the publisher and was not captured.Comparative figures of various countries for the year 2011
Legal Corner Icon — the image was hosted by the publisher and was not captured.Until Tomorrow with more DDT
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