GST Revenues collection for April 2023-Rs 1.87 lakh Cr.
GST Revenues April 2023 Collection Update
- GST collection in April 2023 is expected to break all prior records, according to sources. Goods and service Tax revenues collection for April 2023 are 12% higher than the GST revenues Year By Year,
- Finance Ministry have been declare the collections of Goods and Service Tax for the month of April 2023 on 1st May 2023.
- In the month of March, more than 9 crore E-way bills were generated, which is the highest number ever. Furthermore, due to the strictness of compliance and the fact that it is the last month of the fiscal year, the expectation of a bumper collection has increased.
- Goods and service Tax (GST) revenue collection for April 2023 highest ever at Rs 1.87 lakh crore, out of which CGST is ₹38,440 crore, SGST is ₹47,412 crore, IGST is ₹89,158 crore (including ₹34,972 crore collected on import of goods) and cess is ₹12,025 crore (including ₹901 crore collected on import of goods)
- Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 lakh crore, in April 2022.
GST Revenues June 2023 Collection Update :
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