GST collection in August was Rs. 1.44 lakh crore, an increase of 11 percent over last year

GST Collection August 2023: The GST collection in August has once again been excellent. According to a Reuters report, GST collection has increased by 11 percent in August this year compared to August last year. According to reports, the GST collection in the month of August was Rs 1.44 lakh crore. This is less than July.

After paying the dividend of 82 rupees, now the company will give bonus shares, the announcement will be made today

How much was the GST collection in July?

According to government figures, the GST collection in the month of July was Rs 1.65 lakh crore. Which was 11 percent more on an annual basis. This was the fifth time that the GST collection exceeded Rs. 1.60 crore has been exceeded.

The festive season is starting again. Due to which people will buy more enthusiastically. In such a situation, GST collections are expected to be better in the coming months.