GST collections hit Rs 2.04 lakh crore in September, but import growth raises concerns

India's GST collections rose to Rs 2.04 lakh crore in September, maintaining overall strength in indirect tax revenues. However, tax experts have flagged a widening gap between tax revenue from imports and domestic transactions as a matter requiring attention.

Experts point out that imports are contributing significantly to overall GST collection growth, suggesting an imbalance in the revenue sources. This trend has prompted calls for a reassessment of production-linked incentive schemes to bolster domestic manufacturing capacity and competitiveness.