GST Revenues Rise 14% Amid Growing Import Dependence: Structural Concerns Nine Years After Rollout
India’s Goods and Services Tax (GST) revenue grew 13.9% year-on-year to ₹1.95 lakh crore in June 2026, marking the highest growth rate in 13 months, even as the Goods and Services Tax marked nine years of implementation on July 1, 2026. While the headline number appears robust, a deeper examination reveals a worrying structural pattern:…