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GST Collections Rise 6.5% YoY To Rs 1.73 Lakh Crore In September 2024 


GST Collection September 2024

India accumulated Rs 1.73 lakh crore in gross products and solutions tax obligation in September

The federal government accumulated Rs 1.73 lakh crore ($ 20.64 billion) in gross products and solutions tax obligation (GST) in September, a surge of 6.5% from the exact same duration in 2014.

The federal government had actually accumulated Rs 1.63 lakh crore GST in the exact same month in 2014.

This is the 2nd month of a single-digit increase in collections and the most affordable speed of development in 39 months. In June, gross GST collections had actually broadened 7.7 percent.

After reimbursements, the federal government’s web GST mop-up in September climbed concerning 4% year-on-year to Rs 1.53 lakh crore, the declaration stated.

($ 1 = 83.8010 Indian rupees)



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