GST Revenue Collection For April 2023 Highest Ever At Rs 1.87 Lakh Crore

The gross GST revenue collected in the month of April 2023 is Rs 1,87,035 crore of which CGST is Rs 38,440 crore, SGST is Rs 47,412 crore, IGST is Rs 89,158 crore (including Rs 34,972 crore collected on import of goods) and cess is Rs 12,025 crore (including Rs 901 crore collected on import of goods).

Ministry of Finance on Monday, May 01, 2023, in a tweet said, "Gross GST collection in April 2023 highest ever at ₹ 1.87 lakh. Gross #GST collection in April 2023 is all time high, ₹19,495 crore more than the next highest collection of ₹1,67,540 crore, in April 2022."

It added, "#GST revenues for April 2023 are 12% higher than the GST revenues Y-o-Y
Highest tax collected on a single day ever at ₹68,228 crore through 9.8 lakh transactions on 20th April 2023"

GST

For the first time gross GST collection has crossed ₹1.75 lakh crore mark. Total number of e-way bills generated in the month of March 2023 was 9.0 crore, which is 11% higher than 8.1 crore e-way bills generated in the month of February 2023.

Month of April 2023 saw the highest ever tax collection on a single day on 20th April 2023. On 20th April 2023, ₹ 68,228 crore was paid through 9. 8 lakh transactions. The highest single day payment last year (on the same date) was ₹ 57,846 crore through 9.6 lakh transactions.

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+