India's GST collections in August 2024 grew 10% to Rs 1.75 lakh crore, driven by robust domestic revenue and imports.
Domestic revenue increased by 9.2% to approximately Rs 1.25 lakh crore, while GST from imported goods rose 12.1% to Rs 49,976 crore. Refunds worth Rs 24,460 crore were issued during the month, marking a 38% increase over the previous year. After adjusting for refunds, net GST revenue saw a 6.5% rise, totaling Rs 1.5 lakh crore.