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GST revenue collection for November stands at around Rs 1.68 lakh crore

in Business December 1, 2023 Comments Off on GST revenue collection for November stands at around Rs 1.68 lakh crore 281 Views

Newdelhi:1/12/23:The gross Goods and Services Tax, GST revenue collection in the month of November this year stood at around one lakh 68 thousand crore rupees. The revenue for the month of November is 15 per cent higher than the GST revenue in the same month of last year and the highest for any month year-on-year during this financial year.

Finance Ministry in a statement said that out of the total GST revenue collected in November, Central Goods and Services Tax, CGST collection is 30 thousand 420 crore rupees, State Goods and Services Tax, SGST is 38 thousand 226 crore rupees, Integrated Goods and Services Tax, IGST is around 87 thousand crore rupees and and cess is 12 thousand 274 crore rupees. The Ministry added that it is for the sixth time that the gross GST collection has crossed 1.60 lakh crore rupees mark in Financial Year 2023-24. The Ministry further added that GST collection is also higher by 11.9 per cent year on year for Financial Year 2023-24 upto November this year.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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