In July, GST revenue increased to Rs 1.49lakh crore, a 28% YoY increase.

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The Goods and Services Tax (GST) revenue received in India in July was Rs. 1.49 lakh crore, up 28% over the same month in 2016, the finance ministry reported on August 1.

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The amount of GST money collected in July was 3% more than it was in June.

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The finance ministry stated in a statement that "for five consecutive months,

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the monthly GST revenues have been more above Rs 1.4 lakh core, exhibiting a steady growth every month."

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State GST totaled Rs 32,807 crore and Central GST was Rs 25,751 crore of the total GST receipts. The combined amount of cess and GST was Rs 79,518 crore.

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From the Integrated GST, the government paid out Rs. 32,365 crore to the Central GST and Rs. 26,774 crore to the State GST.

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As a result, after settlement, the Centre's and the States' respective July total revenues were Rs 58,116 crore and Rs 59,581 crore.

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