GST collection rises to an all-time high of Rs 1.42 trillion in March

The robust mop-up could be attributed to the government's tightened compliance measures and crackdown on GST evaders and fake bills

Goods and services tax (GST) collection soared to an all-time high of Rs 1.42 trillion in March, staying above the Rs 1.10-trillion level since July last year. The previous high was recorded in January this year at over Rs 1.40 trillion.

The rise in GST revenues in March mirrored the rebound in the GST e-way bill generation in the previous month. The growth momentum is expected to continue and could reflect in the April collections, said experts.

The collection in March grew nearly 15 per cent compared with the year-ago period, while it was 46 per cent higher compared with