Budget 2023: Monthly Gross GST Collection On The Rise

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The average monthly gross GST collection has increased from ₹0.90 lakh crore in FY18 to ₹1.49 lakh crore in FY23.
Budget 2023: Monthly Gross GST Collection On The Rise
 Credits: Fortune India

India's positive GST revenue collection trend has strengthened, despite the pandemic. The average monthly gross GST collection has increased from ₹0.90 lakh crore in FY18 to ₹1.49 lakh crore in FY23. As a result, buoyancy of indirect tax system has improved in the post-GST regime.

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