Sunday, July 7, 2024

GST mop-up at Rs 1.72 lakh crore in Jan, second-highest ever

Wednesday, January 31, 2024, 14:10
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The GST collections for January 2024 rose over 10% to Rs 1.72 lakh crore, the second highest monthly mop-up ever since the implementation of the regime.According to a statement by the finance minister, January is the third month in the current financial year which witnessed a collection of Rs 1.70 lakh crore or more.”The gross GST revenue collected in the month of January, 2024 is Rs 1,72,129 crore, which shows a 10.4% Year-o-Year (Y-oY) growth over the revenue of Rs 1,55,922 crore collected in January 2023,” the ministry said.

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