Quick Summary
Average monthly gross GST collection for third quarter of FY 2021-22 is Rs.1.30 lakh crore Record GST collection of Rs.1,40,986 crore reported for January, 2022 The average monthly gross Goods Services Tax (GST) collection for the third quarter of FY 2021-22 has been Rs.1.30 lakh crore agains
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The total GST collection in January 2022 was a record Rs.1,40,986 crore.
Yes, the January 2022 collection of Rs.1,40,986 crore is the highest since the implementation of GST.
The average monthly gross GST collection for the third quarter of FY 2021-22 was Rs.1.30 lakh crore.
The average monthly collection for Q3 FY 2021-22 (Rs.1.30 lakh crore) is higher than the averages of Rs.1.10 lakh crore in Q1 and Rs.1.15 lakh crore in Q2 of the same fiscal year.
Efforts include GST rate rationalisation, e-invoicing, mandatory e-filing and e-payment, penalties for delayed payments, compliance verification using third-party data, enforcement, taxpayer education, and media campaigns.
CAclubindia
