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GST collection falls to Rs 851.74 bn in February; only 69% file returns

The collection had marginally slipped in January to Rs 863.18 billion from Rs 867.03 billion in December

GST, taxes
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Press Trust of India
GST collections slid for the second straight month to Rs 851.74 billion in February as only 69 per cent of the assessees filed returns.

Around 5.951 million GSTR 3B returns were filed for the month of February till March 25. This is 69 per cent of total taxpayers who are required to file monthly returns, the finance ministry said in a statement.

"The total revenue received under GST for the month of February 2018 (received up to March 26) has been Rs 863.18 billion," it said.

The collection in January was Rs 863.18 billion, while in December and November was