Business What the GST collection data tells us about the health of the economy Updated : June 14, 2019 10:33 AM IST The value-added nature of the tax means that it is effectively a tax on end consumption and thus collections reflect final sales. A lot of smaller businesses which were either outside the tax net or were not GST compliant are now filing returns. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.