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Big increase in GST revenue; Monthly revenue crossed Rs 1.5 lakh crore

New Delhi
Big bounce in GST income within the nation. 1.68 lakh crore in April. For the primary time, the month-to-month GST income has crossed Rs 1.5 lakh crore. The earlier excessive was Rs 1.42 lakh crore in March. 25,000 crore in April, greater than in March. With the withdrawal of Corona controls, there was a revival within the financial system and the GST income elevated. In comparison with April 2021, GST income has elevated by 22%. Income from imported merchandise elevated by 30 per cent whereas tax income from home transactions elevated by 17 per cent. The whole payments in March have been 7.7 crore. 13 % greater than in February.

The very best ever one-day GST income was recorded on April 20. 57,847 crore via 9.58 lakh transactions. GST income in Kerala elevated to `2689 crore from` 2466 crore in April. 9 % enhance. In Bihar, GST income in April was two per cent decrease than final yr. GST income declined by 33 per cent in Manipur, 19 per cent in Mizoram and three per cent in Tripura.

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