Inputs on GST collections growth in February from Gyanendra Tripathi, Partner & Leader (West), Indirect Tax at BDO India.
Below the Inputs on GST collections growth in February from Gyanendra Tripathi, Partner & Leader (West), Indirect Tax at BDO India.
The growth in gross GST Collections for February 2025 is almost in line with the average growth rate of gross GST collection for the year. However, higher than average refunds issued in this month has led to lower than average growth rates in the net GST collection numbers. Another interesting point is that the year on year growth rate of collections by central formations has significantly outpaced the growth rate in collections by state formations which may possibly be due to the significant successes by the investigation arms of the central formations.
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