GST revenue surge: Odisha, Karnataka, Maharashtra gain the most

A continued momentum in the goods and services tax (GST) receipts from July 2021 onwards yielded an average mop-up of Rs 1.23 trillion in FY22, up 29% on year. Officials reckon that monthly GST revenues may average at Rs 1.35 trillion in FY23. In aggregate, all states reported 17.5% growth in GST revenues in nine months during July 2021-April 2022 (excluding January, for which granular data is not…