Seven years of GST: Most consumer items face low or no GST taxes at all

Quick Summary:

GST revenue peaked at a record high of Rs 20.

Since then, the number of e-way bills generated has considerably increased both intrastate and interstate, with a sharper rise in intrastate transactions.

In the latest FY24 figures, GST collections were equivalent to 3.25 per cent of GDP, up from 3.08 per cent in 2018-19.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: GST GST tax Indian economy Consumer items Govt revenue

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-30 @ 18:41:57 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 372 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21425879

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 289 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions