GST collection at ₹1.55 lakh cr in Jan, second highest-ever1 min read . Updated: 01 Feb 2023, 06:51 AM IST
The GST collection for January 2023 has reached over the ₹1.50 lakh crore mark for the third time this financial year, and is only second to the highest collection of ₹1.68 lakh crore in April 2022
A recent statement by the finance ministry said that the Goods and Services Tax (GST) collection in January 2023 saw a significant increase, reaching over ₹1.55 lakh crore. This marks the second highest-ever mop-up for the GST collection and demonstrates a growth in the country's economy. The revenues for the current financial year up to January 2023 are 24% higher than the GST revenues during the same period last year.
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