LatestGoods & Service Tax (GST) 20 July 2026
JK GST Revenue Falls
Jammu and Kashmir recorded a 15 per cent year-on-year decline in Goods and Services Tax collections in June 2026, with revenue falling to Rs 470 Crore, indicating a significant drop in GST collections compared to the previous year, this decline may have implications for the local economy and government revenue
Jammu and Kashmir has seen a *15 per cent* decline in Goods and Services Tax (GST) collections in June 2026. The revenue fell to *Rs 470 Crore*. Key points to note include:
- The year-on-year decline in GST collections is significant
- The revenue has fallen to Rs 470 Crore
- This decline may have implications for the local economy and government revenue
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