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GST GST

GST collection grows 5.8% to Rs 1.02 lakh crore in July

Aug 02, 2019

July GST collections rise 5.8% over the same month last year; Over Rupees one lakh crores collected as Gross revenue for the month with domestic component of GST from April to July growing by 9.2%.

GST collection in July surpassed the Rs one-lakh-crore mark. As per data released by the government on Thursday, the total mop-up under Goods and Services Tax was reported to be Rs 1.02 lakh crore in July 2019.

GST collection in July 2019 showed a year-on-year growth of 5.8 per cent over the revenue of Rs 96,483 crore reported in July 2018.

During April-July 2019 vis-a-vis 2018, the domestic component has grown by 9.2 per cent while the GST on imports has come down by 0.2 per cent and the total collection has grown by 6.83 per cent.

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