The greatest ever GST was collected in March, which is a very good for the economy. The Goods and Services Tax (GST) collection totaled Rs 1,42,095 crore, breaking the previous high of Rs 1,40,986 crore set in January 2022.
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The government has paid Rs 29,816 crore to the CGST and Rs 25,032 crore to the SGST as normal settlement from the IGST, according to official data. This month, the Centre also settled Rs 20,000 crore of IGST on an ad hoc basis in a 50:50 split between the Centre and the states/Union Territories.
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