Quick Summary
₹1,61,497 crore gross GST revenue collected for June 2023; records 12% Year-on-Year growth Gross GST collection crosses ₹1.6 lakh crore mark for 4th time since inception of GST; ₹1.4 lakh crore for 16 months in a row; and ₹1.5 lakh 7th times since inception Average monthly gross GST collection for Q1 of FY2021-22 is ₹1.10 lakh crore; FY2022-23 is ₹1.51 lakh crore; and FY2023-24 is ₹1.69 lakh crore, respectively The gross GST revenue collected in the month of June, 2023 is ₹1,61,497 crore o
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FAQ :
The gross GST revenue collected in June 2023 was £1,61,497 crore.
The GST revenues for June 2023 were 12% higher than in June 2022.
This is the fourth time the gross GST collection has crossed the £1.6 lakh crore mark since the inception of GST.
The average monthly gross GST collection for the first quarter of FY2023-24 was £1.69 lakh crore.
The total includes £31,013 crore CGST, £38,292 crore SGST, £80,292 crore IGST, and £11,900 crore cess.
Yes, revenues from domestic transactions, including the import of services, were 18% higher in June 2023 compared to the same month last year.
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