4 months, 3 weeks ago
GST mop-up in July up 10.3% to Rs1.82 lakh crore
Deccan ChronicleNew Delhi: India’s gross goods and services tax collection in July recorded a 10.3 per cent rise to over Rs 1.82 lakh crore. Total refunds stood at Rs 16,283 crore in July and net GST collection was Rs 1.66 lakh crore, showing a growth of 14.4 per cent. “The gross revenues from domestic activities grew 8.9 per cent to Rs 1.34 lakh cr in July and the GST revenue from imports jumped 14.2 per cent to Rs 48,039 cr,” the data said. As per the survey, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index moderated slightly from 58.3 in June to 58.1 in July.
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