{"id":4189,"date":"2023-05-01T23:15:42","date_gmt":"2023-05-01T17:45:42","guid":{"rendered":"https:\/\/vglobenews.com\/indias-gst-collections-hit-record-high-of-rs-1-87-lakh-crore-in-april\/"},"modified":"2023-05-01T23:15:42","modified_gmt":"2023-05-01T17:45:42","slug":"indias-gst-collections-hit-record-high-of-rs-1-87-lakh-crore-in-april","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=4189","title":{"rendered":"India&#8217;s GST Collections Hit Record High of Rs.1.87 Lakh Crore in April"},"content":{"rendered":"\n<p><strong>Delhi, May 1 &#8211; India has registered a new record in Goods and Services Tax (GST) collections for the month of April, with a total of Rs. 1.87 lakh crore collected. This marks a 12 percent growth compared to the same period last year, where Rs. 1.68 lakh crore was collected. It is also the first time such a level of collection has been recorded since the implementation of the GST system.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"887\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG_20230501_231343.jpg?resize=640%2C887&#038;ssl=1\" alt=\"\" class=\"wp-image-4185\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG_20230501_231343.jpg?resize=739%2C1024&amp;ssl=1 739w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG_20230501_231343.jpg?resize=217%2C300&amp;ssl=1 217w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG_20230501_231343.jpg?resize=768%2C1064&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG_20230501_231343.jpg?w=924&amp;ssl=1 924w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>Out of the total collection for April, Rs. 38,440 crores were collected under CGST, Rs. 47,412 crores under SGST, Rs. 89,158 crores under IGST (Rs. 34,972 crores from imported goods), and Rs. 12,025 crores under Cess, according to the Finance Ministry.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0110.jpg?resize=640%2C480&#038;ssl=1\" alt=\"\" class=\"wp-image-4186\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0110.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0110.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0110.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0110.jpg?w=1200&amp;ssl=1 1200w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>The Central government has also announced that for the entire financial year 2022-23, Rs. 18.10 lakh crore has been collected, marking a 22 percent increase compared to the previous year.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"309\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0114.jpg?resize=550%2C309&#038;ssl=1\" alt=\"\" class=\"wp-image-4187\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0114.jpg?w=550&amp;ssl=1 550w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0114.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n\n\n\n<p><strong>In addition, the GST collections of Andhra Pradesh have increased by 6 percent compared to last year, from Rs. 4067 crores to Rs. 4329 crores. Meanwhile, Telangana recorded a 13 percent growth in GST collections, from Rs. 4,955 crores in April last year to Rs. 5,622 crores this year.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0111.jpg?resize=640%2C480&#038;ssl=1\" alt=\"\" class=\"wp-image-4188\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0111.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0111.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0111.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/05\/IMG-20230501-WA0111.jpg?w=1200&amp;ssl=1 1200w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Delhi, May 1 &#8211; India has registered a new record in Goods and Services Tax (GST) collections for the month of April, with a total of Rs. 1.87 lakh crore collected. This marks a 12 percent growth compared to the same period last year, where Rs. 1.68 lakh crore was collected. It is also the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28,25,14,29],"tags":[278],"class_list":["post-4189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ap","category-business","category-international","category-telangana","tag-gst-india-recordcollection-financeministry-economy-taxation-revenue-april-2022-23-andhrapradesh-telangana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India&#039;s GST Collections Hit Record High of Rs.1.87 Lakh Crore in April - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=4189\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s GST Collections Hit Record High of Rs.1.87 Lakh Crore in April - VGlobe News\" \/>\n<meta property=\"og:description\" content=\"Delhi, May 1 &#8211; India has registered a new record in Goods and Services Tax (GST) collections for the month of April, with a total of Rs. 1.87 lakh crore collected. This marks a 12 percent growth compared to the same period last year, where Rs. 1.68 lakh crore was collected. 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This marks a 12 percent growth compared to the same period last year, where Rs. 1.68 lakh crore was collected. 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