GST mop-up ₹1.74 trn, growth slows to 7.7%
Business Standard|July 02, 2024
Growth less than 12.4% recorded in April and 10% in May
SHRIMI CHOUDHARY
GST mop-up ₹1.74 trn, growth slows to 7.7%

The gross goods and services tax (GST) collection for June 2024 stood at ₹1.74 trillion, marking 7.7 per cent year-on-year (Y-o-Y) growth, an official source disclosed to Business Standard.

This Y-o-Y growth is notably less 836048 than the 12.4 per cent and 10 per cent increases recorded in April and May, respectively. Monthon-month figures, too, were flat.

In May this year, the gross GST collection amounted to ₹1.73 trillion, while April witnessed a record-high GST collection of 2.1 trillion. The June revenue brought the financial year-to-date total to 5.57 trillion, said the source.

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