GST figures hint at economic recovery in Nashik division

The GST collections in five districts under the Nashik divisional officefor the months of September and October has increased by 20% when compared to revenue collection in the corresponding period last year. The GST collection in September and October is about Rs 500 crore which is 23% more than last year’s GST collection. “Manufacturing companies have completed the orders pending since March onwards in September and October as logistics and labour resources were restored,” said Santosh Mandlecha, state president of Maharashtra Chamber of Commerce, Industries and Agriculture.

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