India's GST collections for July up 11% to Rs 1.65 lakh crore

Daily Current Affairs / India's GST collections for July up 11% to Rs 1.65 lakh crore

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Category : National Published on: August 04 2023

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India collected Rs 1.65 lakh crore Goods and Services Tax (GST) for the month of July 2023, registering growth of 11% from a year earlier
The GST collections crossed the Rs. 1.60 lakh crore mark for the fifth time
According to the Ministry of Finance the revenues from domestic transactions (including import of services) are 15% higher than the revenues from these sources during the same month last year.

India's GST collections for July up 11% to Rs 1.65 lakh crore