GST collection rises 6.5% to ₹1.73 lakh cr in Sep
Of the total gross revenue, the integrated GST (IGST) accounted for the largest share at 52%, amounting to ₹90,594 crore.
Of the total gross revenue, the integrated GST (IGST) accounted for the largest share at 52%, amounting to ₹90,594 crore.
The gross GST collections in the financial year 2024-25 till May 2024 stood at ₹3.83 lakh crore.
GST collection crossed ₹2 lakh crore mark for the first time and reached ₹2.10 lakh crore in April.
GST revenue breaches landmark milestone of ₹2 lakh crore and records 12.4% y-o-y growth
Yearly gross revenue ₹20.14 lakh crore, which is a growth of 11.7%
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
The gross GST revenue collected in November 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 crore and IGST is ₹87,009 crore.
This is the fourth time the gross GST collection has crossed the 1.60 lakh crore mark in the financial year 2023-24.
Govt's GST collection in August declines from ₹1,65,105 crore in July 2023
During the month, the revenues from domestic transactions (including import of services) are 15% higher than the revenues from these sources during the same month last year