GST collections in July increase 11% YoY achieving second highest fiscal level

  • GST revenues in July reached Rs 1.65 lakh crore, showing 11% YoY increase and marking the fifth time that the gross GST collection exceeded Rs 1.6 lakh crore.
  • Contributions included Rs 29,773 crore in CGST, Rs 37,623 crore in SGST, Rs 85,930 crore in IGST, and Rs 11,779 crore in cess.
  • Among states and territories, highest GST growth noted in Jammu and Kashmir (27%), Delhi (25%) and Himachal Pradesh and Chandigarh (23% each).
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