CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the GST collection in India in January 2023?
A
1.46 lakh crore
B
2.35 lakh crore
C
2.13 lakh crore
D
1.55 lakh crore
Explanation: 

Detailed explanation-1: -The total revenue of Centre and the States in the month of January 2023 after regular settlement is Rs 67, 470 crore for CGST and Rs 69, 354 crore for the SGST.

Detailed explanation-2: -Goods and services tax (GST) collected in February was Rs 1.50 lakh crore. In 2022/23, total GST collected was Rs 18.10 lakh crore, 22% higher than last year, the finance ministry said in a statement.

Detailed explanation-3: -The average monthly gross GST collection for the last quarter of the FY 2022-23 has been ₹1.55 lakh crore against the average monthly collection of ₹1.51 lakh crore, ₹1.46 lakh crore and ₹1.49 lakh crore in the first, second and third quarters respectively.

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