♦ India’s Goods and Services Tax (GST) collections rose to Rs.1.77 lakh crore in December 2024, a 7.3% increase compared to Rs.1.65 lakh crore in December 2023.

♦ The breakdown of December’s GST collections includes Rs.32,836 crore from the Central GST, Rs.40,499 crore from the State GST, Rs.47,783 crore from the Integrated GST, and Rs.11,471 crore from cess.

♦ Revenue from domestic transactions grew by 8.4% to Rs.1.32 lakh crore, while tax collections from imports increased by 4% to Rs.44,268 crore during the month.

♦ In November 2024, the GST revenue stood at Rs.1.82 lakh crore, marking an 8.5% year-on-year growth. The highest-ever GST collection was recorded in April 2024, exceeding Rs.2.10 lakh crore.