Gross GST Revenue Collection of Rs. 1.73 Lakh Crores in Month of May 2024 | Press Release

  • Blog|News|GST & Customs|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 4 June, 2024

Gross GST Revenue

Press Release dated June 1st, 2024

The Gross GST Revenue for the month of May 2024 stood at Rs.1.73 lakh crores with 10% year-on-year growth. After accounting for refunds, the net GST revenue for May 2024 stands at Rs. 1.44 lakh crores, reflecting a growth of 6.9% compared to the same period last year.

The gross GST collections in the FY 2024-25 till May 2024 stood at Rs. 3.83 lakh crores. This represents an impressive 11.3% year-on-year growth, driven by a strong increase in domestic transactions.

Click Here To Read The Press Release

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on