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Tag: GST collections hit 40-month low

GST collections hit a 40-month low in September 2024

Posted on October 1, 2024 By admin
GST collections hit a 40-month low in September 2024

Photo used for representation purpose only. Growth in India’s Gross Goods and Services Tax (GST) collections slumped to a 40-month low of 6.5% in September, yielding revenues of ₹1,73,240 crore, about 1% lower than the tally in August. Net GST receipts, after adjusting for refunds made to taxpayers, were 3.9% higher than a year ago,…

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