GST collections: March GST assortment up 11.5% YoY at Rs 1.78 lakh cr, FY24 mop-up crosses Rs 20 lakh cr
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The rise of GST assortment in March will be attributed to the ‘important rise in GST assortment from home transactions at 17.6 per cent,’ the Finance Ministry stated in a press launch on Monday. GST income web of refunds in March grew 18.4 per cent on a year-on-year foundation to Rs 1.65 lakh crore.
| TOP 5 GST COLLECTIONS | AMOUNT |
| APRIL 2023 | Rs 1.87 lakh crore |
| MARCH 2024 | Rs 1.78 lakh crore |
| JANUARY 2024 | Rs 1.74 lakh crore |
| OCTOBER 2023 | Rs 1.72 lakh crore |
| FEBRUARY 2024 | Rs 1.7 lakh crore |
The very best-ever GST assortment was recorded at Rs 1.87 lakh crore in April 2023. GST assortment in February registered a progress of 12.5 per cent to Rs 1.7 lakh crore, the fifth highest because the roll-out.
GST assortment for FY24 noticed a rise of 11.7 per cent at Rs 20.14 lakh crore. The common GST collected per thirty days in FY24 rose to Rs 1.68 lakh crore from Rs 1.5 lakh crore the 12 months earlier than. GST income web of refunds for the entire monetary 12 months stood at Rs 18.01 lakh crore, up 13.4 per cent YoY.
