In March 2020, India saw a decline of 8.4 percent in goods and services tax compared to the previous year. This can be attributed to the COVID-19 pandemic during which the country was under lockdown. By contrast, the GST in January 2020 saw a growth of 8.1 percent relative to the previous year.
Monthly growth of goods and services tax in India from January to March 2020
Characteristic
Goods and services tax growth
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Department of Economic Affairs (India). (May 19, 2020). Monthly growth of goods and services tax in India from January to March 2020 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/
Department of Economic Affairs (India). "Monthly growth of goods and services tax in India from January to March 2020." Chart. May 19, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/
Department of Economic Affairs (India). (2020). Monthly growth of goods and services tax in India from January to March 2020. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/
Department of Economic Affairs (India). "Monthly Growth of Goods and Services Tax in India from January to March 2020." Statista, Statista Inc., 19 May 2020, https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/
Department of Economic Affairs (India), Monthly growth of goods and services tax in India from January to March 2020 Statista, https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/ (last visited September 01, 2024)
Monthly growth of goods and services tax in India from January to March 2020 [Graph], Department of Economic Affairs (India), May 19, 2020. [Online]. Available: https://www.statista.com/statistics/1124781/india-monthly-goods-and-services-tax-growth/