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Dynamite News
Dynamite News
National
DN Bureau

Business: GST collection in July surges 28 per cent to Rs 1.49 L cr

GST collection in July surges 28 per cent to Rs 1.49 L cr (File Photo)

New Delhi: On the back of higher compliance and economic recovery, the gross Goods and Services Tax (GST) collection in the month of July 2022 rose 28 per cent year-on-year to Rs 1,48,995 crore.

"The gross GST revenue collected in the month of July 2022 is Rs 1,48,995 crore of which CGST is Rs 25,751 crore, SGST is Rs 32,807 crore, IGST is Rs 79,518 crore (including Rs 41,420 crore collected on import of goods) and cess is Rs 10,920 crore (including Rs 995 crore collected on import of goods)," an official release from Finance Ministry said on Monday.

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