GST collection rises 28 pc to Rs 1.49 lakh cr; 2nd highest ever

August 01, 2022 15:27

GST collection rose 28 per cent to touch the second-highest level of Rs 1.49 lakh crore in July on the back of economic recovery and steps taken to curb tax evasion, the government said on Monday.

Goods and Services Tax (GST) collection stood at Rs 1,16,393 crore in the same month a year ago. GST, introduced in July 2017, touched a record high of Rs 1.68 lakh crore in April, 2022.

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