Discover and read the best of Twitter Threads about #5YearsofGST

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Dear Derek O’Brien ji,

Facts are good.. here are some for you on occasion of #5YearsofGST

GST growing steadily. 18 out of 20 months revenue higher than Rs 1 lakh cr. For 8 months now, revenue higher than Rs 1.2 lakh cr- every one of the last 5 was above Rs 1.4 lakh cr. (1/6)
This is not to mention the fact that GST revenue came in at an astounding and record-smashing Rs 1.68 lakh cr in April 2022, which sets the tone for the ongoing financial year. (2/6)
States are seeing higher revenue under GST than from the various taxes that were subsumed in GST. Before GST, the States earned around Rs 4.5 lakh crore from the taxes that were eventually subsumed by GST. Revenue from just SGST increased to Rs 6.4 lakh crore by 2021-22. (3/6)
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