GST collection has increased to Rs 1.49 lakh crore in July. This is an increase of 28% compared to a year ago. The GST collection in July 2021 was Rs 1.16 crore. Whereas in June it was Rs 1.45 lakh crore. The biggest GST collection till date was in the month of April. The July collection is the second major GST collection. GST has remained above the level of Rs 1.40 lakh crore since March. In July, CGST was Rs 25,751 crore, SGST Rs 32,807 crore, while IGST was Rs 79,518 crore and cess was Rs 10,920. Earlier in June, CGST was Rs 25,306 crore, SGST Rs 32,406 crore, IGST Rs 75,887 crore and GST compensation cess was Rs 11,018 crore. In May, CGST was Rs 25,036 crore, SGST Rs 32,001 crore, IGST Rs 73,345 crore and Cess Rs 10,502 crore . This is the sixth time after the implementation of GST and the fifth time in a row since March 2022 that the GST collection has crossed Rs 1.40 lakh crore.

Record of GST collection was made in April
This happened for the first time in April 2022 when the GST collection crossed Rs 1.5 lakh crore. Gross GST revenue was recorded at Rs 1,67,540 crore in April. Of this, CGST was Rs 33,159 crore, SGST was Rs 41,793 crore, IGST was Rs 81,939 crore and cess was Rs 10,649 crore.
GST collection may increase due to increase in rates
There may be an increase in GST collection in the coming days. The reason for this is the decision taken in the meeting of the GST Council in the month of June to increase and impose GST on some things. Due to the increase in GST rates, many essential items including curd, lassi, rice and flour have become expensive. Now 5% GST is being levied on tetra packed curd, lassi and butter milk and 5% GST on unbranded pre-packaged and pre-labeled atta and dal. The new rates have come into effect from July 18.