Feb GST collection up 12% YoY to Rs 1.49 trn, dips month-on-month

With this, the monthly GST revenues remained over Rs 1.4 trillion for 12 straight months

The collection of goods and services tax (GST) slipped below the Rs 1.5-trillion mark in February, a month after touching the second-highest figure.
 

The mop up of Rs 1.49 trillion in February is 5.1 per cent lower than the figure achieved in the previous month. In January, the GST mop up stood at Rs 1.57 trillion, the second highest after Rs 1.68 trillion in April of the current fiscal year. However, the latest figure is 12 per cent higher than Rs 1.33 trillion a year ago.
 

Also, the monthly GST revenues remained over Rs 1.4 trillion for 12 straight months,