{"id":3349,"date":"2024-04-01T18:11:31","date_gmt":"2024-04-01T12:41:31","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=3349"},"modified":"2024-04-01T18:11:31","modified_gmt":"2024-04-01T12:41:31","slug":"second-highest-monthly-gross-gst-revenue-collection-in-march-at-%e2%82%b91-78-lakh-crore-records-11-5-y-o-y-growth-18-4-on-net-basis","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/04\/01\/second-highest-monthly-gross-gst-revenue-collection-in-march-at-%e2%82%b91-78-lakh-crore-records-11-5-y-o-y-growth-18-4-on-net-basis\/","title":{"rendered":"Second highest monthly Gross GST Revenue collection in March at \u20b91.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis)"},"content":{"rendered":"<p style=\"text-align: justify;\">Gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at \u20b91.78 lakh crore, with a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic transactions at 17.6%. GST revenue net of refunds for March 2024 is\u00a0<strong>\u20b91.65 lakh crore\u00a0<\/strong>which is growth of 18.4% over same period last year.<\/p>\n<p style=\"text-align: justify;\"><strong>Strong Consistent Performance in FY 2023-24:\u00a0<\/strong>FY 2023-24 marks a milestone with total gross GST collection of Rs. 20.18 lakh crore exceeding \u20b920 lakh crore, a 11.7% increase compared to the previous year. The average monthly collection for this fiscal year stands at \u20b91.68 lakh crore, surpassing the previous year\u2019s average of \u20b91.5 lakh crore. GST revenue net of refunds as of March 2024 for the current fiscal year is \u20b918.01 lakh crore which is a growth of 13.4% over same period last year.<\/p>\n<p style=\"text-align: justify;\"><strong>Positive Performance Across Components:<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Breakdown of March 2024 Collections:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Central Goods and Services Tax (CGST): \u20b934,532 crore;<\/li>\n<li>State Goods and Services Tax (SGST): \u20b943,746 crore;<\/li>\n<li>Integrated Goods and Services Tax (IGST): \u20b987,947 crore, including \u20b940,322 crore collected on imported goods;<\/li>\n<li>Cess: \u20b912,259 crore, including \u20b9996 crore collected on imported goods.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Similar positive trends are observed in the entire FY 2023-24 collections:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Central Goods and Services Tax (CGST): \u20b93,75,710 crore;<\/li>\n<li>State Goods and Services Tax (SGST): \u20b94,71,195 crore;<\/li>\n<li>Integrated Goods and Services Tax (IGST): \u20b910,26,790 crore, including \u20b94,83,086 crore collected on imported goods;<\/li>\n<li>Cess: \u20b91,44,554 crore, including \u20b911,915 crore collected on imported goods.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Inter-Governmental Settlement:<\/strong>\u00a0In the month of March, 2024, the Central Government settled \u20b943,264 crore to CGST and \u20b937,704 crore to SGST from the IGST collected. This translates to a total revenue of \u20b977,796 crore for CGST and \u20b981,450 crore for SGST for March, 2024 after regular settlement. For the FY 2023-24, the central government settled \u20b94,87,039 crore to CGST and \u20b94,12,028 crore to SGST from the IGST collected.<\/p>\n<p style=\"text-align: justify;\">The chart below shows trends in monthly gross GST revenues during the current year.\u00a0<strong>Table-1<\/strong>\u00a0shows the state-wise figures of GST collected in each State during the month of March, 2024 as compared to March, 2023.\u00a0<strong>Table-2<\/strong>\u00a0shows the state-wise figures of post settlement GST revenue of each State till the month of March, 2024.<\/p>\n<p style=\"text-align: justify;\"><strong>Chart: Trends in GST Collection<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image0013GQK.jpeg\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Table 1: State-wise growth of GST Revenues during March, 2024<a href=\"https:\/\/pib.gov.in\/PressReleseDetailm.aspx?PRID=2016802#\"><sup>[1]<\/sup><\/a><\/strong><\/p>\n<div style=\"text-align: justify;\">\n<table class=\"Table\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>State\/UT<\/td>\n<td>Mar-23<\/td>\n<td>Mar-24<\/td>\n<td>Growth (%)<\/td>\n<\/tr>\n<tr>\n<td>Jammu and Kashmir<\/td>\n<td>\u00a0477<\/td>\n<td>\u00a0601<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Himachal Pradesh<\/td>\n<td>\u00a0739<\/td>\n<td>\u00a0852<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Punjab<\/td>\n<td>\u00a01,735<\/td>\n<td>\u00a02,090<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>Chandigarh<\/td>\n<td>\u00a0202<\/td>\n<td>\u00a0238<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>Uttarakhand<\/td>\n<td>\u00a01,523<\/td>\n<td>\u00a01,730<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Haryana<\/td>\n<td>\u00a07,780<\/td>\n<td>\u00a09,545<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td>Delhi<\/td>\n<td>\u00a04,840<\/td>\n<td>\u00a05,820<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>Rajasthan<\/td>\n<td>\u00a04,154<\/td>\n<td>\u00a04,798<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Uttar Pradesh<\/td>\n<td>\u00a07,613<\/td>\n<td>\u00a09,087<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Bihar<\/td>\n<td>\u00a01,744<\/td>\n<td>\u00a01,991<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Sikkim<\/td>\n<td>\u00a0262<\/td>\n<td>\u00a0303<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Arunachal Pradesh<\/td>\n<td>\u00a0144<\/td>\n<td>\u00a0168<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Nagaland<\/td>\n<td>\u00a058<\/td>\n<td>\u00a083<\/td>\n<td>43%<\/td>\n<\/tr>\n<tr>\n<td>Manipur<\/td>\n<td>\u00a065<\/td>\n<td>\u00a069<\/td>\n<td>6%<\/td>\n<\/tr>\n<tr>\n<td>Mizoram<\/td>\n<td>\u00a070<\/td>\n<td>\u00a050<\/td>\n<td>-29%<\/td>\n<\/tr>\n<tr>\n<td>Tripura<\/td>\n<td>\u00a090<\/td>\n<td>\u00a0121<\/td>\n<td>34%<\/td>\n<\/tr>\n<tr>\n<td>Meghalaya<\/td>\n<td>\u00a0202<\/td>\n<td>\u00a0213<\/td>\n<td>6%<\/td>\n<\/tr>\n<tr>\n<td>Assam<\/td>\n<td>\u00a01,280<\/td>\n<td>\u00a01,543<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>West Bengal<\/td>\n<td>\u00a05,092<\/td>\n<td>\u00a05,473<\/td>\n<td>7%<\/td>\n<\/tr>\n<tr>\n<td>Jharkhand<\/td>\n<td>\u00a03,083<\/td>\n<td>\u00a03,243<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td>Odisha<\/td>\n<td>\u00a04,749<\/td>\n<td>\u00a05,109<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Chhattisgarh<\/td>\n<td>\u00a03,017<\/td>\n<td>\u00a03,143<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Madhya Pradesh<\/td>\n<td>\u00a03,346<\/td>\n<td>\u00a03,974<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Gujarat<\/td>\n<td>\u00a09,919<\/td>\n<td>\u00a011,392<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Dadra and Nagar Haveli and Daman &amp; Diu<\/td>\n<td>\u00a0309<\/td>\n<td>\u00a0452<\/td>\n<td>46%<\/td>\n<\/tr>\n<tr>\n<td>Maharashtra<\/td>\n<td>\u00a022,695<\/td>\n<td>\u00a027,688<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Karnataka<\/td>\n<td>\u00a010,360<\/td>\n<td>\u00a013,014<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Goa<\/td>\n<td>\u00a0515<\/td>\n<td>\u00a0565<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>Lakshadweep<\/td>\n<td>\u00a03<\/td>\n<td>\u00a02<\/td>\n<td>-18%<\/td>\n<\/tr>\n<tr>\n<td>Kerala<\/td>\n<td>\u00a02,354<\/td>\n<td>\u00a02,598<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>Tamil Nadu<\/td>\n<td>\u00a09,245<\/td>\n<td>\u00a011,017<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Puducherry<\/td>\n<td>\u00a0204<\/td>\n<td>\u00a0221<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Andaman and Nicobar Islands<\/td>\n<td>\u00a037<\/td>\n<td>\u00a032<\/td>\n<td>-14%<\/td>\n<\/tr>\n<tr>\n<td>Telangana<\/td>\n<td>\u00a04,804<\/td>\n<td>\u00a05,399<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Andhra Pradesh<\/td>\n<td>\u00a03,532<\/td>\n<td>\u00a04,082<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Ladakh<\/td>\n<td>\u00a023<\/td>\n<td>\u00a041<\/td>\n<td>82%<\/td>\n<\/tr>\n<tr>\n<td>Other Territory<\/td>\n<td>\u00a0249<\/td>\n<td>\u00a0196<\/td>\n<td>-21%<\/td>\n<\/tr>\n<tr>\n<td>Center Jurisdiction<\/td>\n<td>\u00a0142<\/td>\n<td>\u00a0220<\/td>\n<td>55%<\/td>\n<\/tr>\n<tr>\n<td>Grand Total<\/td>\n<td>\u00a01,16,659<\/td>\n<td>\u00a01,37,166<\/td>\n<td>18%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Table-2: SGST &amp; SGST portion of IGST settled to States\/UTs April-March (Rs. in crore)<\/strong><\/p>\n<table class=\"Table\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>&nbsp;<\/td>\n<td colspan=\"3\">Pre-Settlement SGST<\/td>\n<td colspan=\"3\">Post-Settlement SGST<a title=\"\" href=\"https:\/\/pib.gov.in\/PressReleseDetailm.aspx?PRID=2016802#_ftn2\"><sup>[2]<\/sup><\/a><\/td>\n<\/tr>\n<tr>\n<td><strong>State\/UT<\/strong><\/td>\n<td><strong>2022-23<\/strong><\/td>\n<td><strong>2023-24<\/strong><\/td>\n<td><strong>Growth<\/strong><\/td>\n<td><strong>2022-23<\/strong><\/td>\n<td><strong>2023-24<\/strong><\/td>\n<td><strong>Growth<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Jammu and Kashmir<\/td>\n<td>\u00a02,350<\/td>\n<td>\u00a02,945<\/td>\n<td>25%<\/td>\n<td>\u00a07,272<\/td>\n<td>\u00a08,093<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Himachal Pradesh<\/td>\n<td>\u00a02,346<\/td>\n<td>\u00a02,597<\/td>\n<td>11%<\/td>\n<td>\u00a05,543<\/td>\n<td>\u00a05,584<\/td>\n<td>1%<\/td>\n<\/tr>\n<tr>\n<td>Punjab<\/td>\n<td>\u00a07,660<\/td>\n<td>\u00a08,406<\/td>\n<td>10%<\/td>\n<td>\u00a019,422<\/td>\n<td>\u00a022,106<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Chandigarh<\/td>\n<td>\u00a0629<\/td>\n<td>\u00a0689<\/td>\n<td>10%<\/td>\n<td>\u00a02,124<\/td>\n<td>\u00a02,314<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Uttarakhand<\/td>\n<td>\u00a04,787<\/td>\n<td>\u00a05,415<\/td>\n<td>13%<\/td>\n<td>\u00a07,554<\/td>\n<td>\u00a08,403<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Haryana<\/td>\n<td>\u00a018,143<\/td>\n<td>\u00a020,334<\/td>\n<td>12%<\/td>\n<td>\u00a030,952<\/td>\n<td>\u00a034,901<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>Delhi<\/td>\n<td>\u00a013,619<\/td>\n<td>\u00a015,647<\/td>\n<td>15%<\/td>\n<td>\u00a028,284<\/td>\n<td>\u00a032,165<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Rajasthan<\/td>\n<td>\u00a015,636<\/td>\n<td>\u00a017,531<\/td>\n<td>12%<\/td>\n<td>\u00a035,014<\/td>\n<td>\u00a039,140<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Uttar Pradesh<\/td>\n<td>\u00a027,366<\/td>\n<td>\u00a032,534<\/td>\n<td>19%<\/td>\n<td>\u00a066,052<\/td>\n<td>\u00a076,649<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Bihar<\/td>\n<td>\u00a07,543<\/td>\n<td>\u00a08,535<\/td>\n<td>13%<\/td>\n<td>\u00a023,384<\/td>\n<td>\u00a027,622<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>Sikkim<\/td>\n<td>\u00a0301<\/td>\n<td>\u00a0420<\/td>\n<td>39%<\/td>\n<td>\u00a0839<\/td>\n<td>\u00a0951<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>Arunachal Pradesh<\/td>\n<td>\u00a0494<\/td>\n<td>\u00a0628<\/td>\n<td>27%<\/td>\n<td>\u00a01,623<\/td>\n<td>\u00a01,902<\/td>\n<td>17%<\/td>\n<\/tr>\n<tr>\n<td>Nagaland<\/td>\n<td>\u00a0228<\/td>\n<td>\u00a0307<\/td>\n<td>35%<\/td>\n<td>\u00a0964<\/td>\n<td>\u00a01,057<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>Manipur<\/td>\n<td>\u00a0321<\/td>\n<td>\u00a0346<\/td>\n<td>8%<\/td>\n<td>\u00a01,439<\/td>\n<td>\u00a01,095<\/td>\n<td>-24%<\/td>\n<\/tr>\n<tr>\n<td>Mizoram<\/td>\n<td>\u00a0230<\/td>\n<td>\u00a0273<\/td>\n<td>19%<\/td>\n<td>\u00a0892<\/td>\n<td>\u00a0963<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Tripura<\/td>\n<td>\u00a0435<\/td>\n<td>\u00a0512<\/td>\n<td>18%<\/td>\n<td>\u00a01,463<\/td>\n<td>\u00a01,583<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Meghalaya<\/td>\n<td>\u00a0489<\/td>\n<td>\u00a0607<\/td>\n<td>24%<\/td>\n<td>\u00a01,490<\/td>\n<td>\u00a01,713<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Assam<\/td>\n<td>\u00a05,180<\/td>\n<td>\u00a06,010<\/td>\n<td>16%<\/td>\n<td>\u00a012,639<\/td>\n<td>\u00a014,691<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>West Bengal<\/td>\n<td>\u00a021,514<\/td>\n<td>\u00a023,436<\/td>\n<td>9%<\/td>\n<td>\u00a039,052<\/td>\n<td>\u00a041,976<\/td>\n<td>7%<\/td>\n<\/tr>\n<tr>\n<td>Jharkhand<\/td>\n<td>\u00a07,813<\/td>\n<td>\u00a08,840<\/td>\n<td>13%<\/td>\n<td>\u00a011,490<\/td>\n<td>\u00a012,456<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Odisha<\/td>\n<td>\u00a014,211<\/td>\n<td>\u00a016,455<\/td>\n<td>16%<\/td>\n<td>\u00a019,613<\/td>\n<td>\u00a024,942<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Chhattisgarh<\/td>\n<td>\u00a07,489<\/td>\n<td>\u00a08,175<\/td>\n<td>9%<\/td>\n<td>\u00a011,417<\/td>\n<td>\u00a013,895<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Madhya Pradesh<\/td>\n<td>\u00a010,937<\/td>\n<td>\u00a013,072<\/td>\n<td>20%<\/td>\n<td>\u00a027,825<\/td>\n<td>\u00a033,800<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>Gujarat<\/td>\n<td>\u00a037,802<\/td>\n<td>\u00a042,371<\/td>\n<td>12%<\/td>\n<td>\u00a058,009<\/td>\n<td>\u00a064,002<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>Dadra and Nagar Haveli and Daman and Diu<\/td>\n<td>\u00a0637<\/td>\n<td>\u00a0661<\/td>\n<td>4%<\/td>\n<td>\u00a01,183<\/td>\n<td>\u00a01,083<\/td>\n<td>-8%<\/td>\n<\/tr>\n<tr>\n<td>Maharashtra<\/td>\n<td>\u00a085,532<\/td>\n<td>\u00a01,00,843<\/td>\n<td>18%<\/td>\n<td>\u00a01,29,129<\/td>\n<td>\u00a01,49,115<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Karnataka<\/td>\n<td>\u00a035,429<\/td>\n<td>\u00a040,969<\/td>\n<td>16%<\/td>\n<td>\u00a065,579<\/td>\n<td>\u00a075,187<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Goa<\/td>\n<td>\u00a02,018<\/td>\n<td>\u00a02,352<\/td>\n<td>17%<\/td>\n<td>\u00a03,593<\/td>\n<td>\u00a04,120<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Lakshadweep<\/td>\n<td>\u00a010<\/td>\n<td>\u00a019<\/td>\n<td>93%<\/td>\n<td>\u00a047<\/td>\n<td>\u00a082<\/td>\n<td>75%<\/td>\n<\/tr>\n<tr>\n<td>Kerala<\/td>\n<td>\u00a012,311<\/td>\n<td>\u00a013,967<\/td>\n<td>13%<\/td>\n<td>\u00a029,188<\/td>\n<td>\u00a030,873<\/td>\n<td>6%<\/td>\n<\/tr>\n<tr>\n<td>Tamil Nadu<\/td>\n<td>\u00a036,353<\/td>\n<td>\u00a041,082<\/td>\n<td>13%<\/td>\n<td>\u00a058,194<\/td>\n<td>\u00a065,834<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>Puducherry<\/td>\n<td>\u00a0463<\/td>\n<td>\u00a0509<\/td>\n<td>10%<\/td>\n<td>\u00a01,161<\/td>\n<td>\u00a01,366<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>Andaman and Nicobar Islands<\/td>\n<td>\u00a0183<\/td>\n<td>\u00a0206<\/td>\n<td>12%<\/td>\n<td>\u00a0484<\/td>\n<td>\u00a0528<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Telangana<\/td>\n<td>\u00a016,877<\/td>\n<td>\u00a020,012<\/td>\n<td>19%<\/td>\n<td>\u00a038,008<\/td>\n<td>\u00a040,650<\/td>\n<td>7%<\/td>\n<\/tr>\n<tr>\n<td>Andhra Pradesh<\/td>\n<td>\u00a012,542<\/td>\n<td>\u00a014,008<\/td>\n<td>12%<\/td>\n<td>\u00a028,589<\/td>\n<td>\u00a031,606<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Ladakh<\/td>\n<td>\u00a0171<\/td>\n<td>\u00a0250<\/td>\n<td>46%<\/td>\n<td>\u00a0517<\/td>\n<td>\u00a0653<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Other Territory<\/td>\n<td>\u00a0201<\/td>\n<td>\u00a0231<\/td>\n<td>15%<\/td>\n<td>\u00a0721<\/td>\n<td>\u00a01,123<\/td>\n<td>56%<\/td>\n<\/tr>\n<tr>\n<td><strong>Grand Total<\/strong><\/td>\n<td><strong>\u00a04,10,251<\/strong><\/td>\n<td><strong>\u00a04,71,195<\/strong><\/td>\n<td><strong>15%<\/strong><\/td>\n<td><strong>\u00a07,70,747<\/strong><\/td>\n<td><strong>\u00a08,74,223<\/strong><\/td>\n<td><strong>13%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>****<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>YKB\/VM\/KMN<\/strong><\/p>\n<div>\n<p style=\"text-align: justify;\">\n<hr \/>\n<div id=\"ftn1\" style=\"text-align: justify;\">\n<p><a title=\"\" href=\"https:\/\/pib.gov.in\/PressReleseDetailm.aspx?PRID=2016802#_ftnref1\"><sup>[1]<\/sup><\/a><em>Does not include GST on import of goods<\/em><\/p>\n<\/div>\n<div id=\"ftn2\">\n<p style=\"text-align: justify;\"><a title=\"\" href=\"https:\/\/pib.gov.in\/PressReleseDetailm.aspx?PRID=2016802#_ftnref2\"><sup>[2]<\/sup><\/a><em>\u00a0Post-Settlement GST is cumulative of the GST revenues of the States\/UTs and the SGST portion of the IGST settled to the States\/UTs<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at \u20b91.78 lakh crore, with a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic transactions at 17.6%. GST revenue net of refunds for March 2024 is\u00a0\u20b91.65 lakh crore\u00a0which is growth of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1247],"class_list":["post-3349","post","type-post","status-publish","format-standard","","category-business-english-news","tag-gst-revenue"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Second highest monthly Gross GST Revenue collection in March at \u20b91.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis) - Matribhumi Samachar English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/04\/01\/second-highest-monthly-gross-gst-revenue-collection-in-march-at-\u20b91-78-lakh-crore-records-11-5-y-o-y-growth-18-4-on-net-basis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second highest monthly Gross GST Revenue collection in March at \u20b91.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis) - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at \u20b91.78 lakh crore, with a 11.5% year-on-year growth. 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