Why declining GST revenue is a matter of concern

On Tuesday, government data showed that GST (Goods and Services Tax) collection for the month of November slipped to a five-month low of Rs 80,808 crore. The declining GST mop-up comes across as a concern, even as analysts including GST Council members opine that it will pick up in the coming months. While the number of registered taxpayers crossed the 99 lakh mark, compared to around 80 lakh pre-…