GST collection sees incremental growth in FY23 first quarter: Delhi govt

The Delhi’s government GST collection has registered an incremental rise in the first quarter of the financial year 2022-23, standing at Rs 4,349 crore in August, officials said on Tuesday.

The GST collection was Rs 4,113 crore in May, and it grew to Rs 4,313 crore in June and further to Rs 4,327 crore in July. In August, it rose to Rs 4,349 crore, showing growth in trade and business in the city and consumer demand despite inflation, they said.

In August last year, the GST collection was Rs 3,605 crore, which grew by 21 per cent to Rs 4,349 crore this August.

In May 2021, the GST collection was Rs 2,771 crore and Rs 2,656 crore in June 2021. It was Rs 3,815 crore in July 2021.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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