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GST collection in June rises 7.7% to ₹1.74 lakh crore
The New Indian Express
|July 02, 2024
As the goods and services tax (GST) completes seven years in June 2024, the gross monthly collection reached 1.74 lakh crore, marking a 7.7% increase compared to the previous year, according to an official who didn't want to be named.
This brings the total collection for the current financial year to 5.57 lakh crore. In April 2023, the gross GST collection had hit a record high of 2.10 lakh crore. Out of the total gross GST revenue collected in June, CGST accounted for 39,586 crore and SGST accounted for 33,548 crore, as per the source.
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