First collection numbers show GST off to a smooth start

The first set of numbers after the rollout of the goods and services tax should calm any jitters about its prospects. Integrated goods and services tax ( IGST ) collections on imports in the first 10 days of the new regime crossed Rs 4,000 crore, in line with expectation and suggests that the rollout has been largely smooth. “Collections would have crossed Rs 4,000 crore... Data is pouring in and…