&w=696&resize=696,0&ssl=1 "GST income for April establishes brand-new document at Rs 2.37 lakh cr, rate of collection highest possible in 17 months: Govt record")
The income from residential purchases climbed by 10.7 percent to around Rs 1.9 lakh crore, while income from imported products saw a much more considerable boost of 20.8 percent, getting to Rs 46,913 crore
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Goods and Services Tax (GST) collection struck an all-time high of about Rs 2.37 lakh crore in April, noting a 12.6 percent boost year-on-year, according to federal government information launched on Thursday.
In April 2024, the GST income was Rs 2.10 lakh crore, making it the second-highest collection because the execution of the indirect tax obligation system on July 1, 2017. For contrast, the collection in March 2025 was Rs 1.96 lakh crore.
The income from residential purchases climbed by 10.7 percent to around Rs 1.9 lakh crore, while income from imported products saw a much more considerable boost of 20.8 percent, getting to Rs 46,913 crore.
The issuance of reimbursements likewise rose by 48.3 percent, completing Rs 27,341 crore in April.
After accountancy for reimbursements, the web GST collection boosted by 9.1 percent, completing over Rs 2.09 lakh crore for the month.
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