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Budget math puts average monthly GST collection at ₹1.6-lakh cr during FY24

Business Line

Average monthly collection of GST is expected to reach ₹1.6-lakh crore or even more in FY24, Budget data showed. On the basis of RE, it is around ₹1.4-lakh crore during FY23. Experts believe that going by the current trend, coupled with co-ordinated policy action, even higher collections are possible. The Budget has estimated collection through CGST (Central Goods & Services Tax) including Com…

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