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Reading: India posts robust GST growth with Rs 14.97 lakh crore collection from April to December 2023
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Rising Kashmir > Blog > Breaking > India posts robust GST growth with Rs 14.97 lakh crore collection from April to December 2023
Breaking

India posts robust GST growth with Rs 14.97 lakh crore collection from April to December 2023

ANI
Last updated: January 1, 2024 10:08 pm
ANI
Published: January 1, 2024
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The Ministry of Finance announced today that India’s Gross Goods and Services Tax (GST) collection displayed a commendable 12 per cent year-on-year growth during the April-December 2023 period, totalling Rs 14.97 lakh crore.

According to a press release by the Ministry of Finance, this figure marked a substantial increase from the Rs 13.40 lakh crore collected in the corresponding period of the previous fiscal year (April-December 2022).

The average monthly gross GST collection in the initial nine months of the fiscal year 2023-24 stood at Rs 1.66 lakh crore, reflecting a 12 per cent surge compared to the Rs 1.49 lakh crore monthly average recorded in the same period of the previous fiscal year.

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