GST collection in August at over Rs 1.12 trillion: Govt

Govt says the robust GST revenues are likely to continue in the coming months too

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With the easing out of Covid restrictions, GST collection for July and August 2021 have again crossed Rs 1 trn, which clearly indicates that the economy is recovering at a fast pace, says govt

BS Web Team PTI

6 min read Last Updated : Sep 01 2021 | 5:01 PM IST

GST revenue remained above Rs 1 trillion-mark for the second straight month in August at over Rs 1.12 trillion, 30 per cent higher than the collection in the year-ago period, the finance ministry said on Wednesday.

"The gross GST revenue collected in the month of August 2021 is Rs 1,12,020 crore of which Central GST is Rs 20,522 crore, State GST is Rs 26,605 crore, Integrated GST is Rs 56,247 crore (including Rs 26,884 crore collected on import of goods) and Cess is Rs 8,646 crore (including Rs 646 crore collected on import of goods)," the finance ministry said in

Topics : Goods and Services Tax GST collection