GST Revenue Collections Slip Across 20 States as GST 2.0 Takes Effect - SAG Infotech
In October, 20 out of the 36 states and Union Territories (UTs) in India experienced a decrease in their Goods and Services Tax (GST) collections . This trend represents the weakest monthly performance for the financial year 2025-26 (FY26), as businesses adjusted to the new GST 2.0 rate structure implementation. In October, the State GST collections surged 2% and gross GST has surged to 4.6%, the…