The data reveals a noteworthy 16.5 per cent increase compared to the same period last year, indicating a resurgence in consumer spending post-Covid, , karnataka, goods and service tax, GST Collection
NK Singh emphasised the surging pace of urbanisation, projecting that by 2050, half of the population of India will reside in urban areas. He raised concerns about how this would escalate emissions.
The government has settled Rs 37,878 crore to CGST and Rs 31,557 crore to SGST from IGST. - GST Collection For November 2023 Records Highest Growth Rate
Of the total collections, central GST (CGST) is Rs 30,420 crore, state GST (SGST) is Rs 38,226 crore, Integrated GST (IGST) is Rs 87,009 crore, including Rs 39,198 crore collected on import of goods. During the month, the revenues from domestic transactions (including import of services) are 20% higher than the revenues from these sources during the same month last year.
The progressive collection under all Acts up to November 2023 is Rs 22,510.56 crore with a growth rate of 18.91% over the corresponding collection till November 2022.