Mumbai : India’s gross Goods and Services Tax (GST) collections for the month of June stood at over Rs 1.84 lakh crore recording a 6.2 per cent growth over same period last year when the gross GST collections stood at Rs 1,73,813 crore. Though the gross GST collections rose in the month of June, it slipped below the Rs 2 lakh crore mark recorded in the previous two months. In the month of May, GST collection was Rs 2.01 lakh crore, while it touched a record high of Rs 2.37 lakh crore in April this year.
In June, gross revenues from domestic transactions grew 4.6 per cent to about Rs 1.38 lakh crore, while GST revenue from imports surged 11.4 per cent to Rs 45,690 crore. In the same period, the gross Central GST revenues stood at Rs 34,558 crore, State GST revenues at Rs 43,268 crore and Integrated GST at about Rs 93,280 lakh crore in June.
Besides, the revenue from Cess were recorded at Rs 13,491 crore. The total refunds during the month of June surged 28.4 per cent to Rs 25,491 crore. Further, the net GST mop-up stood at about Rs 1.59 lakh crore, registering a 3.3 per cent year-on-year growth.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
India’s gross GST collections grow 6.2% to over Rs 1.84 lakh crore in June
