The country’s gross GST collections
hit a record high of ₹ 2.10 lakh crore in April, growing 12.4 per
cent year on year driven by a strong increase in domestic transactions and
imports.
The
collection was over ₹1.78 lakh crore last year, while it was ₹1.87
lakh crore in April, 2023.
GST
collections breach landmark milestone of ₹2 lakh crore, the finance
ministry said in a statement.
“The Gross Goods and Services Tax (GST)
collections hit a record high in April 2024 at ₹2.10 lakh crore. This
represents a significant 12.4%-on-year growth, driven by a strong increase in
domestic transactions (up 13.4 per cent) and imports (up 8.3%),” the ministry
said.
The
collection was over ₹1.78 lakh crore last year, while it was ₹1.87
lakh crore in April, 2023.
.
In
April, Central GST collection was ₹43,846 crore; State GST
was ₹53,538 crore; Integrated GST was ₹99,623 crore,
including ₹37,826 crore collected on imported goods. Cess collection
was ₹13,260 crore, including ₹1,008 crore collected on imported
goods.