Gross and Services collection (GST) raises 16.4 percent of Rs 201,050 crore, according to official data released on Sunday.
On May 2024, the collections of the tune of Rs 172,739 crore.
In May of May, CGST collections, Sgst, Isst, and Cess all rose year-on-year.
Until April – May 2025-26, GST collections are at Rs 437,767 crore, to 14.3 percent from Rs 383,006 crore at the same time last year.
GST collecting 2024-25 stood at Rs 22 lakh crore, at 9.4 per cent year-on-year.
During the year of finance 2023-24, the GST GST’s total collection was recorded at Rs 20.18 Lakh crore, with 11.7 percent increase.
Recent GST collections show a positive trajectory for Indian economy, which promotes strong consumption of infumpum and buoyant. Numbers are good for fiscal support efforts and economic recovery efforts, signing strength between the uncertainty in the world.
Taxes of goods and services indicated by the country with effect from July 1, 2017, and states are credited to pay any GST provisions such as GST provisions) Act, 2017 for five years.
Hair oil, toothpaste, soap; detergents and powder washing; wheat; rice; Curd, lassi, buttermilk; wrists; TV to 32 inches; refrigerator; Washing machines, mobile phones, one of the keys of the GST ruined large, or for some zero stored, which benefits people in the country.
The GST Council, a federal body consisting of union minister’s ministry and financial ministers of all members, playing with the forum side.
The latest GST Council meeting was held on December 21 in Jaisalmer, Rajasthan.
