27-April-2024
Taxation
 
Sept GST receipts at close to Rs 1.48 trn
03-Oct-2022

Gross goods and services tax (GST) collections came in at Rs 1,47,686 crore in September (August transactions), reflecting a stabilisation of the monthly revenue from the consumption tax at above Rs 1.45 trillion. The mop-up has remained above the Rs 1.4-trillion mark for the seventh month in a row. Average monthly collections in April-September this fiscal were close to Rs 1.49 trillion, compared with Rs 1.23 trillion in FY22. On September 14, revenue secretary Tarun Bajaj had asked revenue officers to try and ensure GST collections of around Rs 1.5 trillion from October onwards.

News Source:- https://www.financialexpress.com/economy/sept-gst-receipts-at-close-to-rs-1-48-trn/2697753/