GST collections in September.
GST collection in September 2023: It is for the fourth time that the gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent as compared to last year, according to the latest official data released on Sunday.
“The revenues for the month of September 2023 are 10 per cent higher than the GST revenues in the same month last year. During the month, the 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 the gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24,” the finance ministry said in a statement.
The gross GST revenue collected in September 2023 was Rs 1,62,712 crore. Out of this, CGST is Rs 29,818 crore, SGST is Rs 37,657 crore, IGST is Rs 83,623 crore (including Rs 41,145 crore collected on import of goods) and cess is Rs 11,613 crore (including Rs 881 crore collected on import of goods), it said.
