December 2024 GST reflects a 7.3% increase compared to the Rs 1.65 trillion collected in December 2023. However, they remain below the Rs 2.1 trillion peak recorded in April 2024
This marks the seventh month so far this financial year with collections exceeding Rs 1.6 trillion
The GST collections for December 2022 stood at Rs 1.49 trn-- 2.5 per cent more than Rs 1.45 trn collected in November 2022, according to figures released by the Finance Ministry on Sunday
Only Uttar Pradesh and Telangana witnessed a growth rate of less than 14 per cent
Compensation released to states for August-September stood at Rs 11,922 crore
Total collections under GST in November had slipped for the second straight month to Rs 808.08 bn