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Watch: Reasons why GST collections hit record high of Rs 1.15 trillion

Last Updated: Jan 04 2021 | 7:54 PM IST

GST collections surged to an all-time high of over Rs 1.15 trillion in December as economic activities picked up after lifting of stringent lockdown restrictions. Mop-up from the Goods and Services Tax (GST), which is levied when a consumable item is sold or a service such as travel booking rendered, in December was 12 per cent higher than such receipts in the same month of 2019. Watch the video to know what Finance Secretary has to say about the reasons behind such a surge.

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