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 services) 15% higher The gross GST revenue collected in the month of February 2023 is₹1,49,577 croreof which CGST is₹27,662 crore, SGST is₹34,915 crore, IGST is₹75,069 crore(including ₹35,689 crore colle
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
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.
CAclubindia
