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Rs. 1,15,174 crore gross GST revenue collected inDecember Revenues for December 2020 are 12% higher than the GST revenues in the same month last year The gross GST revenue collected in the month of December 2020 isRs. 1,15,174 croreof which CGST isRs. 21,365 crore, SGST isRs. 27,804 crore, IGST
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FAQ :
The gross GST revenue collected in December 2020 was Rs 1,15,174 crore.
GST revenues for December 2020 were 12% higher than in December 2019.
It is the highest GST revenue collection recorded since the implementation of GST, and the first time it has exceeded Rs 1.15 lakh crore.
The record collection is due to the economic recovery post-pandemic, a nationwide drive against GST evaders and fake bills, and systemic changes that have improved compliance.
Revenues from the import of goods were 27% higher in December 2020 compared to the same month last year.
Revenues from domestic transactions, including the import of services, were 8% higher in December 2020 compared to the same month last year.
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