Key Points
New Delhi:Gross Good and Services Tax (GST) revenue for March 2024 stood at 1.78 lakh crore, marking the second-highest collection ever and reflecting a robust 11.5% year-on-year growth, a PIB press release stated...
Furthermore, GST revenue net of refunds for March 2024 surged to 1.65 lakh crore, representing a substantial 18.4% growth compared to the corresponding period in the previous year...
The breakdown of the March 2024 collections shows that the Central Goods and Services Tax (CGST) was Rs 34,532 crore, the State Goods and Services Tax (SGST) was Rs 43,746 crore, the Integrated Goods and Services Tax (IGST) was Rs 87,947 crore, including Rs 40,322 crore collected on imported goods, and CESS was Rs 12,259 crore, including Rs 996 crore collected on imported goods...
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