The gross Good & Companies Tax (GST) income collected within the month of Might, 2023 is Rs 1,57,090 crore of which Central GST is Rs 28,411 crore, State GST is Rs 35,828 crore, Built-in GST is Rs 81,363 crore (together with Rs 41,772 crore collected on import of products) and cess is Rs 11,489 crore (together with Rs 1,057 crore collected on import of products).
“The revenues for the month of Might 2023 are 12 per cent larger than the GST revenues in the identical month final yr,” the ministry stated in a press release.
Through the month, income from import of products was 12 per cent larger and the revenues from home transactions (together with import of providers) are 11 per cent larger than the revenues from these sources throughout the identical month final yr.
Final month, GST assortment was at a file excessive of Rs 1.87 lakh crore.
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