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GST Reforms Could Cost Centre ₹10664 Crore—Report Reveals

GST Reforms Could Cost Centre ₹10664 Crore

India’s GST reforms could lead to a ₹10664 crore shortfall in import-linked IGST collections, according to GTRI. While the government estimates a broader ₹48,000 crore revenue implication, some experts believe rising consumption may offset the losses.