India’s March GST Collections Hit Record High, Up 15%

India’s goods and services tax collections touched a record high of 1.42 trillion rupees ($18.7 billion) in March, rising 15% from a year ago, the Finance Ministry said in a statement Friday.

• Coupled with economic recovery, anti-evasion drives, especially action against fake billers have been contributing to the enhanced GST collections
• The improvement in revenue has also been due to various rate rationalization measures undertaken by the GST panel to correct inverted duty structure
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