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GST mop-up rises 6.5% to Rs 1.73 lakh cr in September

Press Trust of india by Press Trust of india
October 1, 2024
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GST impacted J&K tourism negatively: Par panel
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New Delhi: Gross GST collection in September grew 6.5 per cent to about Rs 1.73 lakh crore, according to government data released on Tuesday.

Goods and Services Tax (GST) revenue in September last year was Rs 1.63 lakh crore. In August 2024, the mop-up was Rs 1.75 lakh crore.

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Last month, domestic revenue grew 5.9 per cent to about Rs 1.27 lakh crore. Revenue from import of goods was up 8 per cent to Rs 45,390 crore.

Refunds worth Rs 20,458 crore were issued during the month, an increase of 31 per cent over the year-ago period.

After adjusting refunds, net GST revenue in September stood at Rs 1.53 lakh crore, 3.9 per cent higher than the year-ago period.

 

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India’s exports drop 11.8% to USD 34.38 bn in Oct; trade deficit widens to USD 41.68 bn

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Govt approves 17 projects with Rs 7,172 cr investment under electronics component manufacturing scheme

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First phase of India-US trade deal nearing closure; to address tariff issues: Official

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