New Delhi, Sept 1: Gross GST collections in August grew 10 per cent to about Rs 1.75 lakh crore, according to government data released on Sunday.
Goods and Services Tax (GST) revenues in August last year were Rs 1.59 lakh crore, while in July the mop-up was Rs 1.82 lakh crore.
In August 2024, domestic revenue grew 9.2 per cent to about Rs 1.25 lakh crore. Gross GST revenues from import of goods were up 12.1 per cent to Rs 49,976 crore.
Refunds worth Rs 24,460 crore were issued during the month, registering an increase of 38 per cent over the year-ago period.
Tamil Nadu Sees Investment Worth ₹3,201 Crore With Three German Companies Signing Deals, To Generate 6,250 New Jobs
Mumbai Weather Update: Heavy Rains Expected To Lash City Today, Konkan Put Under Yellow Alert
Prime Minister Modi Will Inaugurate ‘SEMICON India - 2025’ To Enhance India’s Semiconductor Ecosystem At Yashobhoomi In New Delhi
Mitchell Starc Retires From T20I Format, Set To Focus On Test & ODI Career
After adjusting refunds, net GST revenue increase was 6.5 per cent at Rs 1.5 lakh crore during the month under review.
