Gross and Net GST Revenue Collections for the month of July 2024



Quick Summary
Goods and Services Tax (GST) collections for July 2024 have shown a significant increase. The total gross GST revenue collected in July 2024 amounted to ₹1,82,075 crore, representing a 10.3% growth compared to the same month last year. Net revenue after refunds also saw a substantial rise of 14.4%, reaching ₹1,65,793 crore.

GST Gross and Net Collections (Amount in crores) - July 2024 Monthly YTD Particulars July 2023 July 2024 % Growth July 2023 July 2024 % Growth A B C D = C/B-1 E F G = F/E-1 A.1. Domestic
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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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FAQ :

The total gross GST revenue collected in July 2024 was ₹1,82,075 crore.

The gross GST revenue in July 2024 saw a growth of 10.3% compared to July 2023.

The total net GST revenue collected in July 2024, after accounting for refunds, was ₹1,65,793 crore.

Net GST revenue increased by 14.4% in July 2024 compared to July 2023.

Manipur (61%), Ladakh (67%), and Andaman and Nicobar Islands (27%) showed significant growth in domestic GST revenue in July 2024.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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