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India's GST Revenue Surges 15.4% to Rs 2.11 Lakh Crore in July

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India's gross GST collections crossed Rs 2.11 lakh crore in July, marking a 15.4 percent year-on-year rise. The growth was driven by stronger revenues from both domestic transactions and imports. The government processed refunds worth Rs 29,968 crore during the same period. Even after accounting for refunds, net GST revenue remained strong. The figures point to continued expansion in India's indirect tax base.

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