 "GST mop-up at record high, surges to Rs 1.15 trillion in December")
Signalling an economic revival, goods and services tax (GST) collection touched a record high in December, posting growth of 11.6 per cent year-on-year (YoY) and surpassing the Rs 1-trillion mark for the third straight month, the official data showed on Friday. The double-digit expansion in collection could partially be attributed to the government’s drive against GST evaders and fake bills, besides tighter compliance measures. However, some economists credited it to the festival season sales.
GST collection stood at Rs 1.15 trillion in December as against Rs 1.05 trillion in the previous month, the data released by the finance ministry showed. Before
