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IT TOOK A little less than seven years since its introduction on July 1, 2017, for the goods and services tax (GST) to cross the ₹2 lakh crore-mark in April 2024. At ₹2.1 lakh crore, registering a 12.5% growth year-on-year, this was the highest ever monthly collection from the indirect tax levy.
This was more than double the mop up of ₹92,283 crore from GST in its first month of rollout in July 2017. The mop up from GST crossed