Which of the following correctly explains why the GST revenue collection for April 2025 hit a record high?
-
Increased e-invoicing compliance and real-time tracking mechanisms.
-
Revival in manufacturing and services, especially sectors like electronics and textiles.
-
Significant drop in export refunds due to stricter compliance norms.
-
Shift of major electronic manufacturers to India due to geopolitical diversification.
How many of the above are correct?
Correct Option: ✅ Only three
Explanation:
Statements 1, 2, and 4 are correct: Higher GST collections were driven by better compliance tools (e-invoicing), robust manufacturing revival, and shifts in global electronics production to India (e.g., Apple).
Statement 3 is wrong: Export refunds actually increased by 86%, indicating better digital processing and not a drop.
Correct Option: ✅ Only three
Explanation:
Statements 1, 2, and 4 are correct: Higher GST collections were driven by better compliance tools (e-invoicing), robust manufacturing revival, and shifts in global electronics production to India (e.g., Apple).
Statement 3 is wrong: Export refunds actually increased by 86%, indicating better digital processing and not a drop.