GST: Rs 1,48,995 crore GST collection in July, 28% increase over last year

Posted on 1st Aug 2022 05:01 pm by rohit kumar

GST collection of Rs 1,48,995 crore has been done in July. This amount is 28 percent more than the amount of GST collection in the same month last year. This is also the second largest collection ever since the introduction of GST in September 2017.

 

Of this amount of GST collection, Rs 25751 crore has been recovered as CGST, Rs 32807 crore as STST, and Rs 79,518 crore as IGST.

 

According to the data released by the government regarding GST collection, Rs 41420 crore was collected as a tax on imported goods in the country. Apart from this, Rs 10920 crore has been recovered as cess.

 

According to these figures, a cess of Rs 995 crore has been imposed on the goods imported into the country. These figures for GST recovery have been released by the Ministry of Finance.

 

Earlier in June, the GST collection was Rs 1.44 lakh crore. It is to be noted here that the total amount of GST collection for five consecutive months has been more than Rs 1.4 lakh. There has been an increase in the GST figures every month.

 

Also Read: US GDP: US GDP shrank for the second consecutive quarter, and fears of recession

Other news

Nothing Phone 2: Nothing's flagship phone launched with an OLED display, will get up to 512GB of storage

After all the leaks, Nothing has finally launched its new phone Nothing Phone 2. This phone is an

Delhi AQI: Respiratory crisis continues in Delhi, AQI reached 399, know for how long will we get relief from air pollution

There is a breathing crisis in the country's capital Delhi and NCR. According to the Central Poll

Crowds enter madrassa in Karnataka on Dussehra: worshiped with slogans of Jai Shri Ram, 4 arrested; Home Minister said – it happened in misunderstanding

Some people participating in the Dussehra rally in the Bidar district of Karnataka barged into an

More airports, better connectivity bringing people closer; Giving a boost to national progress: PM Modi

Prime Minister Narendra Modi on Wednesday said the aviation sector is bringing people closer and

Pakistan: Disappointment and dissatisfaction in Pakistan due to the strict stance of IMF, has the country become bankrupt?

Now there are signs of tension between Pakistan and the International Monetary Fund (IMF). The IM

Gadar 2: Sunny Deol's outspoken words on Pakistan-India relationship, told- political game

Gadar 2: Sunny Deol is soon gearing up to create a mutiny on the screen. The actor is reuniting w

Pakistan: Big relief to Pakistan facing a cash crunch, the agreement reached on $3 billion agreement with IMFF

Pakistan, which is facing a cash crunch, has got a big relief. A staff-level agreement has been r

Bastar The Naxal Story Review: The film unmasks those who brought down the tricolor, brilliant acting by Indira and Ada

The attraction of the famous Chitrakoot Falls of Chhattisgarh took me to Bastar, Dantewada, and J

Sawan 2023: Sawan starting from July 4 is very special this time, four coincidences are being made; Rakshabandhan will have this effect

Sawan 2023: Sawan month is starting on the 4th of July. This year the month of Sawan will be spec

RR vs SRH: Samad won Hyderabad by hitting a six on the last ball, Sandeep's no-ball was heavy, and Rajasthan's sixth defeat

Sunrisers Hyderabad kept their hopes of reaching the playoffs alive by defeating Rajasthan Royals