GST Collection Data: There has been a GST collection of Rs 1,65,105 crore in July 2023, which is 11 percent more than in July 2022. Ever since the GST came into existence, this is the fifth consecutive time when the GST collection has been more than Rs 1.60 lakh crore. In the GST collection, CGST (CGST) is Rs 29,773 crore, SGST (SGST) is Rs 37,623 crore and IGST (IGST) is Rs 85,930 crore, in which Rs 41,239 crore has been recovered from the import of goods. And Rs 11,779 crore has been recovered through cess, in which Rs 840 crore has been recovered from the import of goods.
₹1,65,105 crore gross #GST revenue collected for July 2023; records 11% year-on-year growth
Gross #GST collection crosses ₹1.6 lakh crore mark for 5th time since inception of #GST
Revenues from domestic transactions (including import of services) are 15% higher Year-on-Year… pic.twitter.com/T7rxc15JPC
— Ministry of Finance (@FinMinIndia) August 1, 2023