GST revenues rise 9.1% in September: Collections hit Rs 1.89 lakh crore; outpaces August surge
GST revenues rise 9.1% in September: Collections hit Rs 1.89 lakh crore; outpaces August surge
India's Goods and Services Tax (GST) revenues climbed to Rs 1.89 lakh crore in September, registering a strong 9.1% year-on-year increase. This consistent growth is significant, occurring despite expected sales stagnation following August's GST rate rationalisation announcement and the discontinuation of GST from online money gaming. The robust collections highlight sustained economic activity.
India's Goods and Services Tax (GST) revenues climbed to Rs 1.89 lakh crore in September, registering a strong 9.1% year-on-year increase. This consistent growth is significant, occurring despite expected sales stagnation following August's GST rate rationalisation announcement and the discontinuation of GST from online money gaming. The robust collections highlight sustained economic activity.