Business

GST Collection Reaches All Time High, Reaches Rs 2.10 Lakh Crore In April

The Goods and Services Tax (GST) collection in country have broken all records and have reached an all-time high. GST collection in April 2024 has come to Rs 2.10 lakh crore.

This time the GST collection has got huge revenue. For the first time in a month, GST revenue has crossed Rs 2 lakh crore. GST collection in April 2024 has been Rs 2.10 lakh crore, which is historic. Gross revenue has achieved an impressive growth of 12.4 percent on year-on-year basis. If we look at the net revenue after refund, it has been Rs 1.92 lakh crore, which is a direct increase of 17.1 percent on annual basis.

Taking to X, Finance Minister Nirmala Sitharaman has expressed her joy by posting the record GST collection on her account.

This increase in Goods and Services Tax collection has been seen after an impressive growth of 13.4 percent in domestic transactions along with an increase of 8.3 percent in imports.

GST collection data sequentially

Central Goods and Services Tax (CGST): Rs 43,846 crore

State Goods and Services Tax (SGST)-Rs 53,538 crore;

Integrated Goods and Services Tax (IGST) – Rs 99,623 crore, of which Rs 37,826 crore was collected from imported goods.

Cess: Rs 13,260 crore, of which Rs 1008 crore was collected from imported goods.

Also Read: APSEZ Secures AAA Rating-India’s First Private Infrastructure Developer With AAA

Shivanshi Srivastava

Recent Posts

Renowned Folk Singer Sharda Sinha Passes Away At 72; PM Modi Expresses Condolences

PM Modi expressed sorrow over Sinha’s death. "The passing of Sharda Sinha ji is deeply…

4 hours ago

US Election: India Confident Of Strong US Relations And Quad Continuity, Says Jaishankar

Jaishankar noted that the US-India relationship has flourished under both Democratic and Republican leadership, including…

4 hours ago

Sanskriti Diwas Marks 98th Birth Anniversary Of Kashiraj Dr Vibhuti Narayan Singh

Program coordinator Chakravarti Vijay Navad announced that 11 prominent individuals received the Kashiraj Dr. Vibhuti…

5 hours ago

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

6 hours ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

7 hours ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

7 hours ago