Tripura has recorded 25 per cent growth in GST Revenues during April 2023 while the country witnessed highest ever GST revenue collection for April 2023, Gross GST collection in April 2023 is also all time high and Highest tax collected on a single day ever – on April 20, 2023.
Prime Minister Narendra Modi lauded the achievement saying that GST revenue collection for April 2023 being highest ever at
Rs 1.87 lakh crore a “great news for the Indian economy.”
Replying to a Finance Ministry tweet, the Prime Minister tweeted :
“Great news for the Indian economy! Rising tax collection despite lower tax rates shows the success of how GST has increased integration and compliance.”
According to a PIB Press Release, GST Revenues during April 2023 for Tripura jumped up by 25 per cent compared to April 2022 and reached Rs 133 crore. It was Rs 107 crore in April 2022.
The gross GST revenue collected in the month of April, 2023 is Rs 1,87,035 crore of which CGST is Rs 38,440 crore, SGST is Rs 47,412 crore, IGST is Rs 89,158 crore (including Rs 34,972 crore collected on import of goods) and cess is Rs 12,025 crore (including Rs 901 crore collected on import of goods).
For the first time gross GST collection has crossed Rs 1.75 lakh crore mark.
The revenues for the month of April 2023 are 12% higher than the GST revenues in the same month last year.
Month of April 2023 saw the highest ever tax collection on a single day on April 20, 2023, when Rs 68,228 crore was paid through 9. 8 lakh transactions. The highest single day payment last year (on the same date) was Rs 57,846 crore through 9.6 lakh transactions.
Commenting on the achievement, Tripura Chief Minister Dr Manik Saha said, “Increased GST Revenue collection is strengthening the India’s economy under the leadership of Hon’ble PM Shri Narendra Modi Ji”.