Tag: GST collection

In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April

May 1, 2024 admin

Revenues from domestic transactions grew 13.4%, the Finance Ministry said, while goods imports yielded an 8.3% uptick in the indirect tax collection. File | Photo Credit: K.V.S. Giri Year-end compliances lifted India’s gross Goods and Services Tax (GST) revenues past a record ₹2.1 lakh crore in April, reflecting a 12.4% growth over the previous record…

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Up 12.5%, February GST kitty is fourth highest ever

March 1, 2024 admin

February’s GST revenue growth reflected the third-highest uptick in 2023-24 and lifted the total collections so far this year to ₹18.4 lakh crore. File | Photo Credit: Reuters India’s gross revenues from the Goods and Services Tax (GST) grew at a three-month high pace of 12.54% in February to cross ₹1.68 lakh crore, marking the…

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GST collections up 12.54% in February 2024

March 1, 2024 admin

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GST revenue growth slowed to 10.2% in September

October 1, 2023 admin

Photo used for representation purpose only. Growth in India’s gross GST revenues slowed to 10.2% in September from around 10.8% in the previous two months, but collections improved 2.3% over August revenues to touch ₹1,62,712 crore. Revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the…

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GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September 2023

October 1, 2023 admin

Gross GST revenue collected last month was Rs 1,62,712 crore. New Delhi: Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year. Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central…

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