Motilal Oswal: GST Collections At Eight-Month High In October 
A worker holds his goods and services tax (GST) papers in his store at a wholesale market in the Old Delhi area of Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)  

Motilal Oswal: GST Collections At Eight-Month High In October 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Goods and Services Tax collection in October 2020 stood at Rs 1.05 trillion, 10.2% higher than the collection in October 2019.

This was also the highest amount of GST collected since February 2020, when the Covid-19 pandemic broke out in India.

With this, the total amount of GST collected during April-October 2020 stood at Rs 5.6 trillion, a decline of 20.2% YoY.

Click on the attachment to read the full report:

Motilal Oswal Ecoscope Report.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.