<h1>India's February GST Revenue Hits Rs. 1.68 Trillion, 12.5% Yearly Growth Boosted by Domestic and Import Gains.</h1> In February 2024, the gross GST revenue collected in India was Rs. 1,68,337 crore, marking a 12.5% increase from the previous year. This growth was driven by a 13.9% rise in domestic GST and an 8.5% increase from imports. The net GST revenue for February was Rs. 1.51 lakh crore, up 13.6% year-on-year. For FY 2023-24, the gross GST collection reached Rs. 18.40 lakh crore, an 11.7% increase from the previous fiscal year. The average monthly collection for this fiscal year is Rs. 1.67 lakh crore, surpassing the previous year's Rs. 1.5 lakh crore. The GST revenue figures indicate strong growth and positive performance.