GST kitty up 8.5% YoY to ₹1.82 lakh cr in Nov but falls 2.7% on mth
The Free Press Journal|December 02, 2024
India's goods and services tax collections grew by 8.5 per cent on year to Rs 1.823 trillion in November, government data released on Sunday showed.
GST kitty up 8.5% YoY to ₹1.82 lakh cr in Nov but falls 2.7% on mth

It was widely expected that GST figures for the month of November would be as robust as October's owing to festive spending, but the data showed that on a monthly basis, collections were down 2.7 per cent.

Abhishek Jain, Indirect Tax Head & Partner, KPMG, said that an overall growth of 8.5 per cent "is impressive despite a bit of slowdown in GDP growth and negative growth in few states and Union Territories".

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