GST collection rises 10% to about Rs 1.62 lakh crore in September
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01-Oct-2023

NEW DELHI: Gross GST revenue collected in September 2023 rose 10% to Rs 1,62,712 crore, crossing the Rs 1.6 lakh crore mark for the fourth time in the current financial year.
Of the total revenue collected, Central GST was Rs 29,818 crore, State GST was Rs 37,657 crore, Integrated GST was Rs 83,623 crore (including Rs 41,145 crore collected on import of goods), and cess was Rs 11,613 crore (including Rs 881 crore collected on import of goods).
The revenue in September 2023 was 10% higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.
"During the month, revenues from domestic transactions (including import of services) are 14 per cent higher than the revenues from these sources during the same month last year. It is for the fourth time that gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24," the finance ministry statement said.

Times Of India

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