The Goods and Services Tax (GST) collection in India for May 2024 reached Rs 1.73 lakh crore, marking a 10% year-on-year growth from Rs 1.571 lakh crore in May 2023. This increase is attributed to a strong rise in domestic transactions, which surged by 15.3%, while imports saw a decline of 4.3%. State-wise, Maharashtra led the GST revenue with Rs 26,854 crore, followed by Karnataka at Rs 11,889 crore, Gujarat at Rs 11,325 crore, and Tamil Nadu at Rs 9,768 crore. Other significant contributors included Haryana with Rs 9,289 crore, Uttar Pradesh with Rs 9,091 crore, Delhi with Rs 7,512 crore, West Bengal with Rs 5,377 crore, and Odisha with Rs 5,027 crore.
🚨 GST Revenue From Indian States In May, 2024. Maharashtra - 26,854 crore Karnataka - 11,889 crore Gujarat - 11,325 crore Tamil Nadu - 9,768 crore Haryana - 9,289 crore Uttar Pradesh - 9,091 crore Delhi - 7,512 crore West Bengal - 5,377 crore Odisha - 5,027 crore Telangana -…
News Alert | Take a quick look at state-wise growth of GST revenue https://t.co/6tvMZPwHO8
#GSTCollection in May moderates from record high to Rs 1.73 lakh crore https://t.co/GY8vnqqBLq
GST May Data OUT: Goods and Services Tax collection at Rs 1.73 lakh crore - Details https://t.co/IIXnosPihn
#GSTCollection in May 2024: The 10% growth has been recorded on the back of a strong increase in domestic transactions (up 15.3 per cent) and slowing of imports (down 4.3 per cent) #Business #Finance #GST https://t.co/3U6r09It2p https://t.co/iH7ZgranN4
#GSTCollection in May 2024: The 10% growth has been recorded on the back of a strong increase in domestic transactions (up 15.3 per cent) and slowing of imports (down 4.3 per cent) #GST #Business #Finance #GST https://t.co/3U6r09It2p https://t.co/G6iPjF1KZx
BREAKING | GST Collection Data: May total GST collection at Rs 1.73 lk cr vs Rs 1.571 lk cr YoY #GST #GSTCollection https://t.co/WNeN7URLV5