GST Dip Temporary, Revenues to Soar: Deloitte Expert MS Mani

• Deloitte India's MS Mani states recent GST collection dip is temporary, not a concern, expecting revenue improvement.
• Compares current situation to 2018-19 rate cuts, where higher sales eventually offset lower tax rates.
• Strong activity in automotive, real estate, FMCG, and travel sectors indicates rising consumption and demand.
• PwC India's Pratik Jain notes government factored ₹48,000 crore impact, expects 9% YoY GST growth.
• Experts foresee higher volumes, disposable income, and less seasonality driving significant future collections.

Why It Matters: Experts confirm GST collection dip is temporary; strong economic activity will drive revenue growth.