GST collection spikes. (Source: envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

India’s gross Goods and Services Tax (GST) collections for September stood at Rs 1.89 lakh crore, marking a 9.1% year-on-year increase, according to official data. Net GST revenue, after adjusting for refunds, came in at Rs 1.60 lakh crore, reflecting a 5% growth compared to the same month last year.

While September’s collections were slightly higher than August’s Rs 1.86 lakh crore, they remained below July’s collection. Despite month-to-month fluctuations, GST revenues have consistently stayed above Rs 1.8 lakh crore since January, indicating a stable and robust trend in indirect tax inflows. The government also reported a 40% surge in refunds, which rose to Rs 28,657 crore during th

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