<h1>GST Revenue Hits Rs. 1.65 Lakh Crore in July 2023, Surges 11% Year-on-Year; Domestic Transactions Up 15.</h1> The gross GST revenue collected in July 2023 was Rs. 1,65,105 crore, marking an 11% increase compared to the same month last year. This is the fifth time the collection has exceeded Rs. 1.6 lakh crore since GST's inception. Revenues from domestic transactions, including import of services, rose by 15% year-on-year. The government settled Rs. 39,785 crore to CGST and Rs. 33,188 crore to SGST from IGST. The total revenue for the Centre and States after settlement was Rs. 69,558 crore for CGST and Rs. 70,811 crore for SGST. Various states showed growth in GST collection, with some states experiencing significant increases.