In September, GST collections in India witnessed a 6.5% rise to Rs 1,73,240 crore, marking the slowest increase in over three years due to domestic factors. While strong monsoon disruptions affected collections in some states,

Experts said the September revenue collection figure, representing August sales, was a tad below expectations.

The Goods and Services Tax (GST) revenue in the month of September grossed a little over ₹1.73 lakh crore, posting a 6.5% year-on-year.

India's GST collections hit a 40-month low in September, with revenues of ₹1,73,240 crore, showing slow growth.

CGST, SGST, IGST, and cess all increased year-on-year in September, official data made available showed today. So far in 2024, the total GST collection has been 9.5 per cent higher at Rs 10.9 lakh crore, as against Rs 9.9 lakh crore mopped up in the corresponding period of 2023.

Data made public by GST portal on Tuesday showed that while collection from domestic consumption grew by around 6 per cent, that from import recorded a growth of 8 per cent.

The pace of growth of GST was 6.5 percent in September, as the country had recorded Rs 1.62 lakh crore in GST revenue in September 2023. This is the second month of single digit rise in collections and lowest pace of growth in 39 months. In June, gross GST collections had expanded 7.7 percent.

GST collections during the April-September period of the current fiscal year grew 9.5 per cent to over Rs 10.87 lakh crore.