LatestGoods & Service Tax (GST) 12 September 2026
Centre Defends GST Growth Figure, Cites Like‑For‑Like Base
The government reiterated its stance on the methodology used to calculate the recent 14.8% rise in GST collections, emphasizing that the figure is based on a like‑for‑like comparison with the previous year, not on nominal growth. Officials argue the approach provides a clearer picture of tax revenue trends amid economic fluctuations.
The Centre has defended the way it calculates the headline GST growth number.
- 14.8% increase in collections is said to be a *like‑for‑like* rise, comparing the same periods year over year.
- Officials stress this method removes distortions from inflation and one‑off items, giving a truer view of tax revenue.
- Critics had questioned the figure’s reliability, but the government maintains the approach is standard.
For full details, see the original article.
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