June’s GST revenue growth slows to three-year low; no official statement
Growth in India’s gross Goods and Services Tax (GST) collections slowed to a three-year low in June, with revenues rising about 7.74% to about Rs.1.74 lakh crore from Rs.1,61,497 crore collected in the year-earlier period, according to numbers shared informally by officials.
The Finance Ministry, which generally releases monthly GST revenue collections on the first of every subsequent month, including details about trends on State-wise collections and revenues collected from domestic transactions and imports, had not officially issued any statement on June’s indirect tax receipts till the time of going to press on Monday.
Read more at: The Hindu
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