Home » Economy » GST collections in August rise 11% YoY to Rs 1.59 lakh cr on improved compliance – The Economic Times Video

GST collections in August rise 11% YoY to Rs 1.59 lakh cr on improved compliance – The Economic Times Video

by Alexandra Hartman Editor-in-Chief

2023-09-01 17:51:14

GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming festive season. The gross GST revenue collected in August 2023 is Rs 1,59,069 crore of which Central GST is Rs 28,328 crore, State GST is Rs 35,794 crore, Integrated GST is Rs 83,251 crore (including Rs 43,550 crore collected on import of goods) and cess is Rs 11,695 crore (including Rs 1,016 crore collected on import of goods).

1693696333
#GST #collections #August #rise #YoY #lakh #improved #compliance #Economic #Times #Video

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.