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Rs 1,59,069 crore gross GST revenue collected during August 2023; records 11% YoY growth

  • 01 Sep 2023
  • Edukating Team
  • 164

The government has settled Rs 37,581 crore to CGST and Rs 31,408 crore to SGST from IGST. The total revenue of Centre and the States in the month of August, 2023 after regular settlement is Rs 65,909 crore for CGST and Rs 67,202 crore for the SGST.

The revenues for the month of August, 2023 are 11% higher than the GST revenues in the same month last year. During the month, revenue from import of goods was 3% higher and the revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the same month last year.

 

Press Release - https://pib.gov.in/PressReleasePage.aspx?PRID=1954077

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