February GST collection rises 12.5% YoY to ₹1.68 lakh crore
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
The gross GST revenue collected in November 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 crore and IGST is ₹87,009 crore.
This is the fourth time the gross GST collection has crossed the 1.60 lakh crore mark in the financial year 2023-24.
Govt's GST collection in August declines from ₹1,65,105 crore in July 2023
During the month, the revenues from domestic transactions (including import of services) are 15% higher than the revenues from these sources during the same month last year
Centre's debt moved up from 49.9% of GDP in FY14 to 55.2% by Sept 2022. Core debt of govt sector in G-20 nations grew from 76.1% to 89.2% while from 39.2% to 61.8% in EMEs
Monthly GST revenue recorded over ₹1.4 lakh crore for 14 months in a row; crosses ₹1.5 lakh crore mark for 5th time since the start of GST regime
The gross GST revenue collected in the month of April, 2023 stood at ₹1,87,035 crore.
On a month-on-month basis, Feb collection declines; Centre says Feb being a 28-day month saw a relatively lower revenue collection
The GST revenue collection in the current financial year up to January 2023 is 24% higher than the GST revenues during the same period last year.