At 6.5%, GST collection growth slowest in 3 years
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,
GST revenue growth slowed in September
India's GST collections hit a 40-month low in September, with revenues of ₹1,73,240 crore, showing slow growth.
India: GST collections in September rise 6.5% year-on-year
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.
GST collections rise 6.5% YoY to Rs 1.73 lakh crore in September
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 collection growth weakens further; September saw 6.5% growth
The growth in monthly GST collections has further weakened as gross collection in September grew by only 6.5% as against 10% rise in the previous month. The gross collections during the month was Rs 1.
GST Revenue Growth Rate Slows In Sep, Collections At Rs 1.73 Lakh Crore
GST collections during the April-September period of the current fiscal year grew 9.5 per cent to over Rs 10.87 lakh crore.
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India's GST Collection Registers 6.5 Per Cent Growth In September, Touch Rs 1.73 Lakh Crore
India's GST collections for September stood at Rs 1.73 lakh crore, registering a growth of 6.5 per cent year-on-year. In ...
GST collection in September touches ₹1.73 lakh crore, growth lowest in current fiscal
Data made public by GST portal on Tuesday showed that while collection from domestic consumption grew by around 6 per cent, ...
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GST collections rise 6.5 per cent to Rs 1.73 lakh crore in September
Last month, domestic revenue grew 5.9 per cent to about Rs 1.27 lakh crore. Revenue from import of goods was up 8 per cent to ...
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Keep an eye on your bank account – the next HST/GST credit will be sent out to eligible people in Canada this week!
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Top Business Headlines: GST Surge, ATF Price Cut, and IPO Flood
The latest business news highlights a 6.5% rise in GST collections, a 6% cut in ATF prices, and an increase in commercial LPG ...