In a significant rebound, goods and services tax (GST) collection posted growth in September after six months of contraction, indicating a return to normalcy in economic activities after months of disruption caused by lockdown.
The robust mop-up may be an outcome of restocking ahead of the festival season in October, economists suggested.
The data comes in the backdrop of simmering tension between the Centre and states over the promised compensation and ahead of the Council meeting on Monday.
GST collection stood at Rs 95,480 crore in September against Rs 86,449 crore in August, the data released by
The robust mop-up may be an outcome of restocking ahead of the festival season in October, economists suggested.
The data comes in the backdrop of simmering tension between the Centre and states over the promised compensation and ahead of the Council meeting on Monday.
GST collection stood at Rs 95,480 crore in September against Rs 86,449 crore in August, the data released by