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GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

The mop-up could have been much higher, but tax on imports fell 2 per cent year-on-year

GST
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Experts ruled out the impact of the coronavirus outbreak in China on imports since these are contracted three months in advance

Indivjal Dhasmana New Delhi
Goods and Services Tax (GST) collection crossed the Rs 1-trillion-mark for the fourth month in a row in February at Rs 1.05 trillion. The GST collection, which grew 8.3 per cent year-on-year (y-o-y) in the month, was a tad lower than Rs 1.10 trillion mopped up in the previous month. 

GST collection had grown 8.1 per cent y-o-y in January. The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y. However, experts ruled out the impact of the coronavirus outbreak in China on imports since these are contracted three months in advance.

The earlier GST collection

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First Published: Mar 02 2020 | 1:11 AM IST

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