GST revenue in July at 2nd highest since introduction, collection soars 28% on-year to this much

 GST collection

GST collection in July soared 28 per cent on-year to Rs 1.49 lakh crore, becoming the second highest revenue collection since the introduction of the GST regime. During the month, revenues from import of goods were up 48 per cent, and the revenues from domestic transactions (including import of services) were up 22 per cent from revenues from these sources during the same month last year. “For five months in a row now, the monthly GST revenues have been more than Rs 1.4 lakh crore...

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