New Delhi: Gross GST collection rose 10 per cent to over ₹ 1.62 lakh crore in September, crossing the ₹ 1.6 lakh crore mark for the fourth time during current financial year.
Gross GST revenue collected last month was ₹ 1,62,712 crore. Of this, Central GST was ₹ 29,818 crore, State GST was ₹ 37,657 crore, Integrated GST was ₹ 83,623 crore (including ₹ 41,145 crore collected on import of goods) and cess was ₹ 11,613 crore (including ₹ 881 crore collected on import of goods).
The revenue in September 2023 was 10 per cent higher than the GST revenue of ₹ 1.47 lakh crore in the same month last year, the finance ministry said in a statement.
“During the month, revenues from domestic transactions (including import of services) are 14 per cent higher than the revenues from these sources during the same month last year. It is for the fourth time that gross GST collection has crossed ₹ 1.60 lakh crore mark in FY 2023-24,” it said.