Key Points
March GST collection second-highest ever at Rs 1.78 lakh crore; 11.5% growth YoY ..
FY 2023-24 marks a milestone with total gross GST collection of Rs 20.14 lakh crore exceeding 20 lakh crore, a 11.7% increase compared to the previous year..
GST revenue net of refunds as of March for the current fiscal year is 18.01 lakh crore which is a growth of 13.4% over same period last year...
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GST collections rise 10% to ₹1.72 lakh crore in January
31, Jan, 24With overall collection reaching ₹16.69 lakh crore, GST collections register 11.6% Y-o-Y growth in 10-month period
High GST collection reveals robustness of Indian economy
02, Apr, 23The total gross collection for 2022-23 stood at over ₹18 lakh crore, a 22% year-on-year jump.
Number of GST return filers rose 65% to 1.13 crore in 5 years, 90% submitting form on time: FinMin
17, Dec, 23In November, the monthly total GST collection was Rs 1.68 lakh crore. Overall, GST collection has surpassed Rs 1.60 lakh crore for the sixth time in the current fiscal year
At Rs 1.61 trillion, March GST collections up 22% on year
02, Apr, 23Gross goods and services tax (GST) collections, including the proceeds of the compensation cess, came in at Rs 1.61 trillion in March (February transactions), the second-highest monthly mop-up ever, taking the government’s total receipts from the indirect tax to Rs 18.1 trillion for the fiscal year 2022-23.
GST collection in October rises 13% to Rs 1.72 lakh crore, second highest ever
01, Nov, 23Average gross monthly GST collection in FY24 now stands at Rs 1.66 lakh crore, 11% higher YoY, says Ministry of Finance
GST mop-up rises 13 pc to Rs 1.60 lakh cr in March, second highest collection ever
01, Apr, 23GST mop-up rises 13 pc to Rs 1.60 lakh cr in March, second highest collection ever
Maharashtra powers national GST mop-up
10, Apr, 23India Business News: MUMBAI: Maharashtra continues to report the highest GST collection in the country, accounting for almost 15% of the national figure in 2022-23.
March GST collection up 11.5% YoY at Rs 1.78 lakh cr, FY24 mop-up crosses Rs 20 lakh cr
01, Apr, 24In March 2024, Goods and Service Tax (GST) collection surged 11.5% year-on-year to Rs 1.78 lakh crore, marking the second-highest since GST's inception in July 2017. For FY24, GST collection soared by 11.7% to Rs 20.14 lakh crore, with average monthly collection rising to Rs 1.68 lakh crore from the previous year's Rs 1.5 lakh crore.
Chandigarh records 10% hike in GST collection in March
01, Apr, 23As per the data shared by the ministry of finance, the Chandigarh administration collected ₹202 crore in GST in March this year, ₹18 crore more than the GST collected in the same month in 2022.
Direct tax mopup surges 22.6% to Rs 16.68 lakh crore
12, Mar, 23The collection is 96.7% of the budget estimate for FY23 and 83.2% of the upward revised estimate for the year, the Central Board of Direct Taxes (CBDT) said in a statement.