In September 2023, India’s Gross Goods and Services Tax (GST) revenues witnessed a significant slowdown, growing at the slowest pace in 27 months. The growth rate dropped to 10.2% from the previous months’ approximately 10.8%. This decline, although notable, was coupled with some intriguing state-wise variations in GST collections.
1. National GST Revenues:
2. State-wise Variations:
3. GST Components:
4. Historical Context:
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