GST Collections Rise 10% To ₹1.75 Lakh Crore, Refund Issued Worth ₹24,460 Cr
In August 2024, domestic revenue grew 9.2 per cent to about Rs 1.25 lakh crore. Gross GST revenues from import of goods were up 12.1 per cent to Rs 49,976 crore. Refunds worth Rs 24,460 crore were issued during the month, registering an increase of 38 per cent over the year-ago period.
PTI
Updated: Sunday, September 01, 2024, 05:53 PM IST
New Delhi, Sept 1: Gross GST collections in August grew 10 per cent to about Rs 1.75 lakh crore, according to government data released on Sunday.
Goods and Services Tax (GST) revenues in August last year were Rs 1.59 lakh crore, while in July the mop-up was Rs 1.82 lakh crore.
In August 2024, domestic revenue grew 9.2 per cent to about Rs 1.25 lakh crore. Gross GST revenues from import of goods were up 12.1 per cent to Rs 49,976 crore.
Refunds worth Rs 24,460 crore were issued during the month, registering an increase of 38 per cent over the year-ago period.
After adjusting refunds, net GST revenue increase was 6.5 per cent at Rs 1.5 lakh crore during the month under review.
RECENT STORIES
-
UPSC Mains 2024 Exam Today: Don't Forget To Carry THESE Things; Full Checklist Here! -
Daily Horoscope for Friday, September 20, 2024, for all zodiac signs by astrologer Vinayak Vishwas... -
Bombay High Court: Government Must Provide Financial, Medical Aid, And Counseling To POCSO Victims -
Mumbai: Special MCOCA Court Rebukes Taloja Jail Superintendent For Non-Compliance In 13/7 Blast Case -
Mumbai: MRA Police Files FIR Against AstaGuru Auction House Over Theft Of SH Raza's ₹2.5 Crore...