GST collections touch Rs 1.55 lakh crore in January 2023

The government has settled Rs 38,507 crore towards CGST and Rs 32,624 crore towards SGST from IGST as regular settlement.

GST

Goods and Services Tax (GST) collections for January 2023 stood at Rs 1,55,922 crore, 4 per cent higher than Rs 1,49,507 crore collected in December 2022.

January's collections are second only to Rs 1.68 lakh crore gross GST collections recorded in April 2022.