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1,72,129 crore gross GST revenue collected during January 2024; records 10.4% Year-on-Year growth

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..... 1,72,129 crore gross GST revenue collected during January 2024; records 10.4% Year-on-Year growth
GST
Dated:- 1-2-2024

At ₹1,72,129 crore, GST collections are 2nd highest ever; cro .....

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..... sses ₹1.70 lakh crore mark for the third time in FY 2023-24 With overall collection reaching ₹16.69 lakh crore, GST collections register 11.6% Y-o-Y growth in 10-month period The gross G .....

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..... ST revenue collected in the month of January, 2024 (till 05:00 PM of 31.01.2024) is ₹1,72,129 crore, which shows a 10.4% Year-o-Year (Y-oY) growth over the revenue of ₹155,922 crore collec .....

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..... ted in January 2023 (till 05:00 PM on 31.01.2023). Notably, this is the second highest monthly collection ever and marks the third month in this financial year with collection of ₹1.70 lakh cro .....

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..... re or more. The government has settled ₹43,552 crore to CGST and ₹37,257 crore to SGST from the IGST collection. During the April 2023-January 2024 period, cumulative gross GST collection .....

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..... witnessed 11.6% y-o-y growth (till 05:00 PM of 31.01.2024), reaching ₹16.69 lakh crore, as against ₹14.96 lakh crore collected in the same period of the previous year (April 2022-Jannuary .....

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..... 2023). The chart below shows trends in monthly gross GST revenues during the current year. The data is as of 05:00 PM today (i.e. 31.01.2024). Final collection for the month would be higher. Chart: .....

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..... Trends in GST Collection
News - Press release - PIB .....

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