GST collection up 6% in Nov, crosses Rs 1 trn after a gap of three months

The GST collection was Rs 95,380 crore in October while it was Rs 97,637 crore November 2018

GST collections crossed the Rs 1 trillion mark after a gap of three months in November, growing by 6 per cent to Rs 1.03 trillion aided by festival demand.

The GST collection stood at Rs 97,637 crore in the same month last year while revenue collection under this head was Rs 95,380 crore in October.

After two months of negative growth, GST revenues witnessed an impressive recovery with a positive growth of 6 per cent in November 2019 over November 2018 collections, an official statement said.

According to official sources, the number reflects pick up in consumption and improvement in compliance as well.

Non-intrusive