Revenue figures still 'unclear', no penalty waiver for delayed returns, says Revenue Secretary

Revenue Secretary Dr. Hasmukh Adhia clarifies various aspects on GST during Town Hall organized by CNBC TV-18 & CII, says that Govt. has not been able to make sense of revenue trend from July &  August since most of it includes IGST component and all taxpayers have not yet filed returns; Also rules out possibility of waiver of penalty and / or late fee till March as such move could lead to a fall in compliance, but Council may decide if penalties collected should...