New Delhi, Sept. 5 -- The Central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalisation, according to an analysis report by the Global Trade Research Initiative (GTRI).

The report provided a detailed picture of how the revised GST rates will impact government revenues through taxation on imports.

It stated "the combined effect of cuts and hikes produces a net shortfall of about Rs 10,664 crore in IGST receipts".

The report noted that a significant portion of GST revenue comes from imports.

In FY2024-25, IGST on imports alone contributed Rs 5,33,000 crore, which was about 24 per cent of India's total GST collections of Rs 22,...