GST collections for July rises 11% to Rs 1.65 lakh crore

The gross Goods and Services Tax (GST) revenue collected in July 2023 was Rs 1,65,105 crore, slightly higher than the collections in July, according to data released by the finance ministry on Tuesday. It is for the fifth time since the rollout of the regime that the gross GST collection crossed the Rs 1.60 lakh crore mark. In April 2023, the GST collections had touched an all-time high of Rs 1.87 lakh crore.

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GST collections for July rises 11% to Rs 1.65 lakh crore
The gross Goods and Services Tax (GST) revenue collected in July 2023 was Rs 1,65,105 crore, slightly higher than the collections in July, according to data released by the finance ministry on Tuesday. It is for the fifth time since the rollout of the regime that the gross GST collection crossed the Rs 1.60 lakh crore mark. In April 2023, the GST collections had touched an all-time high of Rs 1.87 lakh crore.

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