GST Collection : Good News! Before Budget, GST Collection of Rs 1.38 Lakh Crore

0
529
GST Rates: People may get hit by inflation! GST Council recommended to increase the prices of 143 items
GST Rates: People may get hit by inflation! GST Council recommended to increase the prices of 143 items

GST Collection: There is good news for the country’s economy before the general budget. There has been an increase in the GST collection. 

In the month of January, there has been a GST collection of Rs 1.38 lakh crore. This figure is 15 percent more than in January last year. This is the fourth consecutive month that GST collections have exceeded Rs 1.30 lakh crore.

- Advertisement -

Before the general budget, there is good news for the country’s economy. There has been an increase in the GST collection. In the month of January, there has been a GST collection of Rs 1.38 lakh crore.

This figure is 15 percent more than in January last year. This is the fourth consecutive month that GST collections have exceeded Rs 1.30 lakh crore. The highest GST collection till now was Rs 1.39 lakh crore in April, 2021.

The GST collection in December 2021 stood at Rs 1,29,780 crore. The total GST collection in November was 1.31 lakh crore. The revenue for the month of January 2022 was 15% higher than the GST revenue in the corresponding month of last year.

Posted 25 per cent more than GST revenue in January 2020. The Gross GST Revenue in the month of January 2022 as on 31.01.2022 at 3 PM is Rs 1,38,394 crore, of which CGST is Rs 24,674 crore, SGST Rs 32,016 crore, IGST Rs 72,030 crore (including Rs 35,181 crore collected on imports).

Let us tell you that the highest GST collection was seen in April 2021. In April 2021, GST was collected at Rs 1,39,708 crore.

 

- Advertisement -