GST assortment had touched a file excessive of Rs 1.87 lakh crore in April. (Representational)
New Delhi:
GST collections rose 12 per cent to over Rs 1.61 lakh crore in June, the Finance Ministry mentioned on Saturday.
The gross GST assortment has crossed Rs 1.6 lakh crore mark for the fourth time for the reason that roll-out of the oblique tax regime six years in the past on July 1, 2017.
The typical month-to-month gross GST assortment for the primary (April-June) quarter of the 2021-22, 2022-23 and 2023-24 are Rs 1.1 lakh crore, Rs 1.51 lakh crore and Rs 1.69 lakh crore, respectively, the Finance Ministry mentioned in a press release.
“The gross GST income collected within the month of June 2023 is Rs 1,61,497 crore of which Central GST is Rs 31,013 crore, State GST is Rs 38,292 crore, Built-in GST is Rs 80,292 crore (together with Rs 39,035 crore collected on import of products) and cess is Rs 11,900 crore (together with Rs 1,028 crore collected on import of products),” the assertion mentioned.
The revenues for June 2023 are 12 per cent increased than the GST revenues in the identical month final yr. Through the month, the revenues from home transactions (together with import of providers) are 18 per cent increased than the revenues from these sources throughout the identical month final yr.
The revenues had touched a file excessive of Rs 1.87 lakh crore in April. In Might, it was Rs 1.57 lakh crore.
(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)
Discover more from News Journals
Subscribe to get the latest posts sent to your email.
