Imports drive GST kitty to a record high in April, rises 9%
India's GST collections hit an all-time high of Rs 2.43 lakh crore in April, fueled by a significant 26% surge in import taxes. Domestic transaction collections saw a modest 4.3% rise, prompting calls for policies to boost local manufacturing amidst geopolitical uncertainties and supply chain disruptions impacting industrial output.
India's GST collections hit an all-time high of Rs 2.43 lakh crore in April, fueled by a significant 26% surge in import taxes. Domestic transaction collections saw a modest 4.3% rise, prompting calls for policies to boost local manufacturing amidst geopolitical uncertainties and supply chain disruptions impacting industrial output. What's Your Reaction?
