Question
GST collection grew 13 percent in March to ______— the
second-highest mop-up since the rollout of the indirect tax regime.Solution
GST collection grew 13 percent in March to Rs 1.60 lakh crore — the second-highest mop-up since the rollout of the indirect tax regime. Out of the gross GST collected, central GST is Rs 29,546 crore, State GST is Rs 37,314 crore, Integrated GST is Rs 82,907 crore (including Rs 42,503 crore collected on import of goods) and cess is Rs 10,355 crore. The total gross collection for the full 2022-23 fiscal stands at Rs 18.10 lakh crore, 22 percent higher than the previous year.
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