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Question

India’s goods and services tax (GST) collection in April rose 12 per cent year-on-year to hit an all-time high of_______  as compared to  Rs 1.68 trillion in April last year.

A Rs.1.71 trillion Correct Answer Incorrect Answer
B Rs.1.79 trillion Correct Answer Incorrect Answer
C Rs.1.85 trillion Correct Answer Incorrect Answer
D Rs.1.87 trillion Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

India’s goods and services tax (GST) collection in April rose 12 per cent year-on-year to hit an all-time high of Rs 1.87 trillion. The previous highest collection was Rs 1.68 trillion in April last year.Of the gross GST collection, Central GST stood at Rs 38,440 crore, SGST at Rs 47,412 crore, IGST at Rs 89,158 crore (including Rs 34,972 crore collected on import of goods), and cess at Rs 12,025 crore.

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