Group of Ministers appointed to look into IT issues of Goods and Services Tax had their sixth meeting in Bengaluru today. <br/><br/>The Group headed by Bihar Deputy Chief Minister Sushil Modi informed media persons that dip in revenue during the last few months is a matter of concern. He informed that revenue collection dipped from 92,283 crore rupees in July to 80,806 crore rupees in November. <br/><br/>There are 7.5 lakh dealers coming under GST Composition scheme who had paid just 310 crore rupees in taxes. <br/><br/>The figures indicate that there are attempts to evade or supress taxes. Mr.Modi said a GST Council meeting to be held in New Delhi tomorrow will discuss measures to prevent tax evasion and suppression.<br/><br/>AIR correspondent report that Sushil Kumar Modi has informed that the GST Council meeting tomorrow in New Delhi will take up GST on Handicrafts. This sector has been demanding for an exemption from GST. <br/><br/>He also added that the issue of GST for Petroleum products will not come up for discussion tomorrow in the meeting. He said that existing items under GST must stabilise only then new items could be included under this regime. <br/><br/>He felt that revenues will improve once E-way bill comes into existence from first of February. He also said National Informatics Centre will set up help desks to resolve any issues pertaining to E-way bill.<br/>

Group of Ministers appointed to look into IT issues of Goods and Services Tax had their sixth meeting in Bengaluru today. The Group headed by Bihar Deputy Chief Minister Sushil Modi informed media-persons that dip in revenue during the last few months is a matter of concern. <br/><br/>He informed that revenue collection dipped from 92,283 crore rupees in July to 80,806 crore rupees in November. There are 7.5 lakh dealers coming under GST Composition scheme who had paid just 310 crore rupees as taxes. The figures indicate that there are attempts to evade or suppress taxes. <br/><br/>A meeting will be held tomorrow to discuss measures to prevent tax evasion and suppression. E-way bill is one such measure that will be implemented in all the states by first of next month. Fourteen states including Karnataka are already on board in having e-way bill mechanism. <br/><br/>Regarding GST network, the Chairman noted that 92 percent of issues with reference to the network are resolved. The network has been handling the returns and filing of invoices without any major glitch.