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Bloomberg Quint

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GST Collections Rise 9.9% To Rs 1.96 Lakh Crore In March

  • Gross Goods and Services Tax collections rose by 9.9% to Rs 1.96 lakh crore in March.
  • Sequentially, collections were 6.8% higher than the Rs 1.84 lakh crore recorded in February.
  • Gross GST revenue in March included Rs 38,100 crore from Central GST, Rs 49,900 crore from State GST, Rs 95,900 crore from Integrated GST, and Rs 12,300 crore from compensation cess.
  • In comparison, February saw Central GST collections at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore, and compensation cess at Rs 13,868 crore.

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