GST mop-up grows 8.1% to over ₹1.83 lakh crore in February
The Hindu
GST collections rose 8.1% to ₹1.83 lakh crore in February, driven by strong import revenue growth and increased refunds.
Gross GST collection increased 8.1% to over ₹1.83 lakh crore in February, led by higher growth in revenues from imports.
Gross domestic revenue rose 5.3% to about ₹1.36 lakh crore, while gross import revenue climbed 17.2% to ₹47,837 crore.
Total refunds were up 10.2% at ₹22,595 crore.
Total net Goods and Services Tax (GST) collection stood at over ₹1.61 lakh crore, up 7.9% year-on-year.
Net cess revenue was ₹5,063 crore, down from ₹13,481 crore in February last year.
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