March GST collection up 11.5% YoY at Rs 1.78 lakh cr, FY24 mop-up crosses Rs 20 lakh cr

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Key Points

Goods and Service Tax collection in the month of March 2024 rose 11.5 per cent on an annual basis to Rs 1.78 lakh crore, the second highest since the regime came into force in July 2017...

GST revenue net of refunds in March grew 18.4 per cent on a year-on-year basis to Rs 1.65 lakh crore...

Of the total collections, Central Goods and Services Tax (CGST) stood at Rs 34,532 crore, State Goods and Services Tax (SGST) was Rs 43,746 crore and Integrated Goods and Services Tax (IGST) was Rs 87,947 crore, including Rs 40,322 crore collected on imported goods..

TOP 5 GST COLLECTIONSAMOUNTAPRIL 2023Rs 1.87 lakh croreMARCH 2024Rs 1.78 lakh croreJANUARY 2024Rs 1.74 lakh croreOCTOBER 2023Rs 1.72 lakh croreFEBRUARY 2024Rs 1.7 lakh crore..

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