Q: What is the overall trend in GST collections?
A: GST collections stand at over ₹9.92 lakh crore halfway through the financial year, marking an 11.1% increase over the same period last year. The average monthly revenue is ₹1,65,418 crore.
Q: Is there a slowdown in GST inflows?
A: Yes, the growth rate dropped to 10.2% in September, the slowest since July 2021. The average growth also dipped to 10.6% in Q2 from 11.5% in Q1.
Q: What impact did compliance measures have?
Read More...