Quick Summary
₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year Monthly GST revenues more than Rs 1.4 lakh crore for 12 straight months in a row Y-o-Y revenues from import of goods 6% higher and domestic transaction (including import of servic
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FAQ :
The gross GST revenue collected in February 2023 was £1,49,577 crore.
The GST collection in February 2023 was 12% higher than in February 2022, when it stood at £1,33,026 crore.
Revenue from the import of goods increased by 6%, while revenue from domestic transactions, including the import of services, saw a 15% rise compared to the previous year.
Yes, this marks the 12th consecutive month where monthly GST revenues have exceeded £1.4 lakh crore.
Yes, February 2023 witnessed the highest ever cess collection since the implementation of GST, amounting to £11,931 crore.
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