Goods and services tax (GST) collections hit an all-time high of Rs 1.68 lakh crore in April, indicating strong economic activity despite multiple headwinds and better tax compliance. The April number is up 20% from the year-earlier and Rs 25,000 crore more than the previous highest of Rs 1.42 lakh crore in March this year.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
In April 2022, 10.6 million GST returns were filed compared with 9.2 million in the year earlier. Of the total, central GST amounted to Rs 33,159 crores, state GST was Rs 41,793 crore, integrated GST was Rs 81,939 crore while Rs 36,705 crore was collected on the import of goods. Cess collection was Rs 10,649 crore, including Rs 857 crore on import of goods. The government has settled Rs 33,423 crore toward central GST and Rs 26,962 crore toward state GST from the integrated GST.
List of previous months’ GST Collection
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Valleys are low areas of land that lie between hills or mountains. They are formed…
Sandwiches are one of the most popular foods in the world. They are simple, quick…
The Government of India has appointed Rohit Jain as the Deputy Governor of the Reserve…
The Government of India has notified the Citizenship (Amendment) Rules, 2026 and introduced the important…
The Reserve Bank of India have announced that 98.47% of ₹2,000 Indian currency notes have…