GST mop-up grows 14.7% to over Rs 2.03 lakh crore in September 
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GST mop-up grows 14.7% to over Rs 2.03 lakh crore in September

Gross GST collections rose 14.7 percent in September to over Rs 2.03 lakh crore

PSU Watch Bureau

New Delhi: Gross GST collections rose 14.7 percent in September to over Rs 2.03 lakh crore.

Gross GST collections from domestic activities rose 10.1 percent to about Rs 1.38 lakh crore, while revenues from imports were up 26 percent to Rs 65,525 crore.

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Goods and Services Tax (GST) refunds, however, slowed to Rs 27,001 crore in September, a decline of 3 percent year on year.

After adjusting for refunds, net GST collections rose 18.1 percent to over Rs 1.76 lakh crore in September.

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Also read:Net direct tax collection rises 13 percent to Rs 12.12 lakh crore

During the first half of the fiscal (April-September), gross GST collection grew 11.6 percent to over Rs 12.46 lakh crore. Net collections rose 10.4 percent to over Rs 10.66 lakh crore.

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