Business
GST Collections : Gross Collections Increases By 6.2 % To Over Rs 1.84 Lakh Crore ; Touched Record High Of Rs 2.37 Lakh Crore In April
In June, gross revenues from domestic transactions rose 4.6 per cent to about Rs 1.38 lakh crore, while GST revenue from imports grew 11.4 per cent to Rs 45,690 crore.
Gross GST collections increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months.
Gross GST collections stood at Rs 173,813 crore a year ago, as per government data released on Tuesday.
In May, the Goods and Services Tax (GST) collection was Rs 2.01 lakh crore.
It touched a record high of Rs 2.37 lakh crore in April this year.
In June, gross revenues from domestic transactions rose 4.6 per cent to about Rs 1.38 lakh crore, while GST revenue from imports grew 11.4 per cent to Rs 45,690 crore.
The gross Central GST revenues stood at Rs 34,558 crore, State GST revenues at Rs 43,268 crore and Integrated GST at about Rs 93,280 lakh crore in June. Revenues from Cess were Rs 13,491 crore.
Meanwhile, total refunds during the month rose by 28.4 per cent to Rs 25,491 crore.