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Added on : 2022-08-01 12:48:39

The goods and services tax (GST) collections grew 28 per cent year-on-year to about Rs 1.49 trillion in July — the second-highest mop-up ever. The highest-ever collection recorded in April at Rs 1.68 trillion. For five months in a row now the monthly collections have been more than Rs 1.4 trillion, the finance ministry stated on Monday. According to the government, GST revenue has grown 35 per cent year-on-year (YoY) till July, “displaying very high buoyancy”.

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