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• Strong statistics of GDP
• Big leap in GST collection too!
• Lakhs of crores collected in August

August GST Collection: The country's GDP has performed strongly in the first quarter. The April-June quarter of FY 2026-27 showed higher-than-estimated and stronger growth. From the growth figures, India seems to be booming. After the GDP figures, now the GST collection figures have come out. According to these statistics, a big jump of 14.8 percent has been seen. What exactly do the statistics say”text-align: justify;”> Senior Citizens Bank FDs : Shattered returns on FD! Check the rates of 'these' banks, they will become 10 thousand in 2 years.

2 lakh crore increase to Rs

This growth has reached almost Rs 2 lakh crore. GST revenue from domestic transactions increased by 9.3 per cent to over Rs 1.37 lakh crore, while revenue from imports increased by 29 per cent to Rs 62,604 crore. In August, total central GST collection was Rs 38,413 crore, state GST collection was Rs 46,316 crore and integrated GST collection was over Rs 1.15 lakh crore. GST returns rose 68 percent to Rs 31,795 crore in August. Net GST collection for the month was Rs 1.68 lakh crore, representing a year-on-year growth of 8.3 per cent.

Net GST collection at Rs 1.68 lakh crore

Returns rose 68 per cent to Rs 31,795 crore this month, while net GST collections stood at Rs 1.68 lakh crore, up 8.3 per cent over the previous year. Total central GST collection in August was Rs 38,413 crore, while state GST collection was Rs 46,316 crore. This month's integrated GST collection crossed Rs 1.15 lakh crore.

Net collections will grow by 8.3 percent

Total GST collections rose to nearly Rs 2 lakh crore in August mainly due to increased domestic and import revenue; But there was also a big increase in returns and net collections grew by 8.3 percent year-on-year to Rs 1.68 lakh crore. This will boost the Indian economy.

GST Council meeting on this date

According to an official memorandum issued by the GST Council Secretariat, the 57th meeting of the GST Council will be held on September 12 at 11 am in New Delhi.

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