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(PTI) GST collections rose 28 per cent to ₹1.49 lakh crore on an annual basis in July on the back of economic recovery and measures taken to curb tax evasion, the government said on Monday.

In July, 2021, Goods and Services Tax (GST) collections stood at ₹1,16,393 crore.

The collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement.

The collections hit a record high of ₹1.68 lakh crore in April, 2022.

During July, revenues from import of goods were 48 per cent higher and the revenues from domestic transactions (including import of services) were 22 per cent higher than the revenues from these sources during the same month last year.&nbsp;

GST collections rise 28% to ₹1.49 lakh crore in July; second highest since launch

GST collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement.

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GST collections rise 28% to ₹1.49 lakh crore in July; second highest since launch

GST collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement.

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