GST Collections At The Bottom Of The Barrel To ₹1.70 Lakh Crore, Shooting Up Slowly On Lowered Base By The - Free Press Journal

New Delhi : India's Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered by the exclusion of proceeds from cess on sin and luxury goods, the official data released on Monday showed. While tepid collections were attributed to a major reduction in tax rates on most goods and services, the sil…