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Goods and Services Tax (GST) revenue mop-up in September is expected to be around ₹1.45 lakh crore, an official said.

The collection has been over ₹1.4 lakh crore since March and in August it was ₹1.43 lakh crore.

“The collection in September is likely to be little more than ₹1.45 lakh crore. Improved business activity is expected to yield better collections in coming months,” the official said.

Official revenue figures will be released on October 1.

The mop-up in September last year was ₹1.17 lakh crore.

The official further said as per estimates, the average yearly revenue from GST in 2022-23 is expected to be around ₹1.55 lakh crore. 

CS Hanuman prajapat writes for Tax Concept, covering income tax, personal finance, and business news — from ITR filings and tax tribunal rulings to mutual funds, EPFO issues, and RBI updates, with a...

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