GST collections rise 10 pc to Rs 1.64 lakh cr in Dec
Admin
Jan 10, 2024 12:18
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Goods and Services Tax (GST) collections jumped 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago, the finance ministry said on Monday.
During the April-December 2023 period, gross GST collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh crore, as against Rs 13.40 lakh crore collected in the same period of the previous year, the ministry said in a statement.
The average monthly gross GST collection of Rs 1.66 lakh crore in the first nine-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23, it said.
