The gross GST revenue collected in the month of September 2023 is Rs1,62,712 crore. As per Ministry of Finance, this is the fourth time in the fiscal year 2023-24 that the GST collection have crossed Rs1.60 lakh crore mark indicating strong economic activity. The GST collection for the month of September 2023 are 10% higher than the GST collection in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the same month last year.
₹1,62,712 crore gross #GST revenue collected during September 2023; records 10% Year-on-Year growth
— Ministry of Finance (@FinMinIndia) October 1, 2023
GST collection crosses ₹1.60 lakh crore mark for the fourth time in FY 2023-24
₹9,92,508 crore gross #GST collection for the first half of FY 2023-24 marks 11% Y-o-Y… pic.twitter.com/1C8QiSQcVw
As per the Ministry of Finance, Union Territory of Ladakh has the highest growth rate of GST collection at 81% followed by Manipur with 47% growth rate and on number 3 was Telangana with 33% growth rate.
Newsinc24 Team




