India, Aug. 6 -- LUCKNOW After months of sluggish performance, Uttar Pradesh's GST collection finally showed signs of recovery in July, clocking Rs.9,760 crore, a 7% increase over the same month last financial year (2024), the latest data released by the Goods and Services Tax Network (GSTN) suggests.
This is the first time in the current fiscal that UP has registered a positive year-on-year growth in GST revenue. June witnessed a drop in GST growth by 4%, triggering massive concern in the government. The state tax department even launched a statewide campaign to identify possible causes, which are yet to be identified.
But despite this turnaround, the state's cumulative GST growth for the fiscal year so far (April-July) remains in the ...
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