<h1>India's March 2023 GST Revenue Hits Rs. 1.60 Lakh Crore, Second-Highest Ever, Up 13% From March 2022.</h1> In March 2023, India collected Rs. 1,60,122 crore in gross GST revenue, marking the second-highest collection since GST's inception, only surpassed by April 2022. This represents a 13% increase from March 2022. The revenue breakdown includes Rs. 29,546 crore from CGST, Rs. 37,314 crore from SGST, Rs. 82,907 crore from IGST, and Rs. 10,355 crore from cess. The fiscal year 2022-23 saw a total gross collection of Rs. 18.10 lakh crore, a 22% rise from the previous year. The average monthly collection was Rs. 1.51 lakh crore, with the highest return filing rates recorded in March 2023.