GST mop up tops Rs 1 lakh crore for second straight month in August
3 years, 3 months ago

GST mop up tops Rs 1 lakh crore for second straight month in August

India TV News  

Signalling accelerating economic activity, GST collection topped the Rs 1-lakh-crore mark for the second straight month in August at Rs 1.12 lakh crore. Sequentially, however, there was a 3.76 per cent dip in August 2021 collection vis-a-vis Rs 1.16 lakh crore mopped up in July 2021. The GST collection, after posting above the Rs 1-lakh-crore mark for nine months in a row, dropped below Rs 1 lakh crore in June 2021, after the second wave of COVID caused a blip. "With the easing out of COVID restrictions, GST collection for July and August 2021 have again crossed Rs 1 lakh crore, which clearly indicates that the economy is recovering at a fast pace.

History of this topic

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