The government said that during the April 2023-January 2024 period, cumulative gross GST collection witnessed 11.6% y-o-y growth, reaching Rs 16.69 lakh crore, as against Rs 14.96 lakh crore collected in the same period of the previous year (April 2022-Jannuary 2023).
It said that the Centre has settled Rs 43,552 crore to CGST and Rs 37,257 crore to SGST from the IGST collection.
The announcement comes a day before the government presents its final Union Budget in Parliament before the 2024 Lok Sabha polls.
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