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Gross Goods and Services Tax (GST) collections in June rose 7.7 percent year-on-year to Rs 1.74 lakh crore, marking the slowest rate of growth in three years, according to sources.

GST collection rises 7.7% to Rs 1.74 lakh crore in June

July 2, 2024, 12:23 AM - 2 mins read

In a series of posts on social media platform X, the Finance Ministry highlighted the benefits of the GST regime on its seventh anniversary. "With reduced tax rates on household goods after GST implementation, #7yearsofGST has brought happiness and relief to every home through lower GST on household appliances and mobile phones," the Ministry stated.

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