What does rise in GST revenue collection indicate?
Gross Goods and Services Tax (GST) revenue collections in September (for sales in August) rose 22.5 per cent year-on-year to Rs 1,17,010 crore. Though the revenue growth came on a lower base, the average monthly GST collections in the second quarter have improved, rising 5 per cent as against the average GST collection in the first quarter this year. How much are the GST collections? Gross GST col…