Tag: GST revenues

In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April

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In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April

Revenues from domestic transactions grew 13.4%, the Finance Ministry said, while goods imports yielded an 8.3% uptick in the indirect tax collection. File | Photo Credit: K.V.S. Giri Year-end compliances lifted India’s gross Goods and Services Tax (GST) revenues past a record ₹2.1 lakh crore in April, reflecting a 12.4% growth over the previous record…

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GST revenue growth slowed to 10.2% in September

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GST revenue growth slowed to 10.2% in September

Photo used for representation purpose only. Growth in India’s gross GST revenues slowed to 10.2% in September from around 10.8% in the previous two months, but collections improved 2.3% over August revenues to touch ₹1,62,712 crore. Revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the…

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