GST collections show 7.7% growth, slowest increase since July 2021

The gross Goods and Services Tax (GST) collections in June stood at around ₹1.74 lakh crore, as per sources, reflecting a rise of around 7.7% from the ₹1,61,497 crore collected in June 2023.  This marks the slowest growth in GST collections since June 2021, when revenues had risen 2% amid the second wave of the COVID-19 pandemic. The rise in last month’s gross GST revenues is also well…