The Indian government reported a 10% year-on-year rise in Goods and Services Tax (GST) collections for December, amounting to Rs 1.65 lakh crore. Although this was 2% lower than the November figure, it marks the tenth consecutive month where monthly GST collections surpassed the Rs 1.5 lakh-crore threshold. Central GST recorded Rs 30,443 crore, state GST amounted to Rs 37,935 crore, integrated GST stood at Rs 84,255 crore, and cess accounted for Rs 12,249 crore. The gross GST collection witnessed a robust 12% year-on-year growth during the April-December 2023 period, reflecting strong underlying economic growth across sectors.
GST Collections Continue Upward Trend, Reach Rs 1.65 Lakh Crore in December
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