At ₹ 1.87 Lakh Crore, GST collection for April 2023 is highest ever

Mangalore Today News Network / NDTV

New Delhi, May 01, 2023: The goods and services tax (GST) revenue collection for April 2023 was the highest-ever at ₹ 1.87 lakh crore, the government said today.

Last month’s gross GST collection was more than the previous highest in April 2022 by ₹ 19,495 crore - or 12 per cent higher than the GST collection year-on-year.

 

The centre collected ₹ 68,228 crore on April 20 - the highest-ever single-day collection.

The government’s data shows GST collection increased by more than 10 per cent every month since January 2023.

"The revenues for April 2023 are 12 per cent higher than the GST revenues in the same month last year," the government’s Press Information Bureau said in a statement.

"During the month, the revenues from domestic transactions (including import of services) were 16 per cent higher than the revenues from these sources during the same month last year," it said.

Sikkim’s GST revenue collection growth of 61 per cent was the highest among the states at ₹ 426 crore in April 2023, compared to ₹ 264 crore in the same month last year, according to data published by the government today.

Though Sikkim’s GST revenue growth percentage is higher, the amount collected is smaller than in bigger states like Gujarat and Haryana.

Gujarat collected ₹ 11,721 crore in April 2023, against ₹ 11,264 crore in the same month last year - a rise of 4 per cent. Haryana collected ₹ 10,035 crore this April, against ₹ 8,197 crore in the same month last year - a 22 per cent growth.