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GST mop-up rises 12 consistent with cent to over Rs 1.61 lakh crore in June

By means of PTI

NEW DELHI: GST collections rose 12 consistent with cent to over Rs 1.61 lakh crore in June, the Finance Ministry mentioned on Saturday.

The gross GST assortment has crossed Rs 1.60 lakh crore mark for the fourth time for the reason that roll-out of the oblique tax regime six years in the past on July 1, 2017.

The common per month gross GST assortment for the primary (April-June) quarter of the 2021-22, 2022-23 and 2023-24 are Rs 1.10 lakh crore, Rs 1.51 lakh crore and Rs 1.69 lakh crore, respectively, the Finance Ministry mentioned in a commentary.

“The gross GST income accumulated within the month of June 2023 is Rs 1,61,497 crore of which Central GST is Rs 31,013 crore, State GST is Rs 38,292 crore, Built-in GST is Rs 80,292 crore (together with Rs 39,035 crore accumulated on import of products) and cess is Rs 11,900 crore (together with Rs 1,028 crore accumulated on import of products),” the commentary mentioned.

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The revenues for June 2023 are 12 consistent with cent upper than the GST revenues in the similar month closing yr.

All through the month, the revenues from home transactions (together with import of services and products) are 18 consistent with cent upper than the revenues from those resources right through the similar month closing yr.

The revenues had touched a file prime of Rs 1.87 lakh crore in April. In Might, it used to be Rs 1.57 lakh crore.

NEW DELHI: GST collections rose 12 consistent with cent to over Rs 1.61 lakh crore in June, the Finance Ministry mentioned on Saturday.

The gross GST assortment has crossed Rs 1.60 lakh crore mark for the fourth time for the reason that roll-out of the oblique tax regime six years in the past on July 1, 2017.

The common per month gross GST assortment for the primary (April-June) quarter of the 2021-22, 2022-23 and 2023-24 are Rs 1.10 lakh crore, Rs 1.51 lakh crore and Rs 1.69 lakh crore, respectively, the Finance Ministry mentioned in a commentary.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

“The gross GST income accumulated within the month of June 2023 is Rs 1,61,497 crore of which Central GST is Rs 31,013 crore, State GST is Rs 38,292 crore, Built-in GST is Rs 80,292 crore (together with Rs 39,035 crore accumulated on import of products) and cess is Rs 11,900 crore (together with Rs 1,028 crore accumulated on import of products),” the commentary mentioned.

ALSO READ | Six years of GST: Executive sees upper collections, higher compliance

The revenues for June 2023 are 12 consistent with cent upper than the GST revenues in the similar month closing yr.

All through the month, the revenues from home transactions (together with import of services and products) are 18 consistent with cent upper than the revenues from those resources right through the similar month closing yr.

The revenues had touched a file prime of Rs 1.87 lakh crore in April. In Might, it used to be Rs 1.57 lakh crore.