GST collections for July rise 2% to INR 1,65,105 crore

The gross GST revenue for July rose by a meagre 2 per cent to INR 1,65,105 crore as against INR 1,61,497 crore collected in June.

NEW DELHI — The gross GST revenue for July rose by a meagre 2 per cent to INR 1,65,105 crore as against INR 1,61,497 crore collected in June.

Out of INR 1,65,105 crore GST collections for July, CGST was INR 29,773 crore, SGST was INR 37,623 crore, IGST was INR 85,930 crore (including INR 41,239 crore collected on import of goods) and cess stood at INR 11,779 crore (including INR 840 crore collected on import of goods).

The government has settled INR 39,785 crore to CGST and INR 33,188 crore to SGST from IGST.

The total revenue of Centre and the states in the month of July 2023 after regular settlement was INR 69,558 crore for CGST and INR 70,811 crore for the SGST.

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