GST Collections: India’s gross GST income in December falls to 3-month low regardless of on-year bounce
[ad_1]
India GST income: India’s Items and Providers tax income continued to rise on an annual foundation, however it dropped to a 3 month low in December.
India’s GST collections rose 10.28 p.c to achieve Rs 1.65 lakh crore in December, the Finance Ministry introduced as we speak. The Items and Providers Tax (GST) mop-up was practically Rs 1.50 lakh crore in December 2022. The December 2023 collections are, nonetheless, decrease than Rs1.68 lakh crore collected in November and even down from Rs 1.72 lakh crore mopped up in October, which was the second-highest assortment ever because the GST rollout.
