September GST collection rises 9%, defies slowdown expectations

India's GST collections hit Rs 1.89 lakh crore in September, a 9.1% year-on-year increase, defying expectations of a consumption slowdown. This robust growth, reflecting August transactions, indicates a resilient domestic economy and strong discretionary demand. Experts anticipate continued positive collection trends, buoyed by the upcoming festive season, despite future rate rationalization.