Should be the new normal: Revenue Secy says average GST collection to be Rs 1.85 lakh crore in FY25

Revenue Secretary Sanjay Malhotra said on Friday that the government expects average monthly GST collections to touch about Rs 1.85 lakh crore in the next fiscal, up from about Rs 1.66 lakh crore this year. "GST collections are expected to grow about 11 per cent in 2024-25. If the monthly collection is Rs 1.67 lakh crore this fiscal, a growth of 11 per cent would be Rs 1.80-1.85 lakh crore mo…