Even as gross Goods and Services Tax (GST) collection touched a record high of Rs 1.87 trillion in April, the mop-up from integrated GST on imports declined by 4.7% on year in the month, owing to contraction in imports, falling global commodity prices and the glitches in the Customs duty payments on the Electronic Cash Ledger portal.
According to official data, the integrated GST collection from imports was Rs 34,972 crore in April 2023 as against Rs 36,705 crore in April 2022. The cess collected from import of goods was slightly higher at Rs 901 crore in April 2023 as against Rs 857 crore a year ago. Integrated GST collections from imports in March and February 2023 was also higher at Rs 42,503 crore and Rs 35,689 crore, respectively.