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The expansion was pushed by a 13.9% rise in items and providers tax from home transactions, displaying resilience of india financial system regardless of the worldwide headwinds.
The typical month-to-month gross assortment for FY2023-24 stood at Rs 1.67 lakh crore, exceeding Rs 1.5 lakh for FY2022-23.
Gross GST assortment reaches Rs18.40 lakh crore for FY2023-24, grows 11.7% Y-o-Y
Out of the whole collections, Central Items and Providers Tax (CGST) stood at Rs 31,785 crore, State Items and Providers Tax (SGST) was Rs 39,615 crore and Built-in Items and Providers Tax (IGST) was Rs 84,098 crore, together with ₹38,593 crore collected on imported items.
The Cess collections stood at Rs 12,839 crore, together with ₹984 crore collected on imported items.The central authorities settled Rs 41,856 crore to CGST and Rs 35,953 crore to SGST from the IGST collected
