|IMAGE CREDIT ..CNBC|
NEWS GST COLLECTIONS FEBRUARY
NEW DELHI: In what comes as some relief for the Union Government, the GST collctions were at a high of 1.05 lakh crore in February, which is up by 8 per cent over the same month last year. This is the fourth consecutive month when the government made a GST collection above 1 lakh crore.
The GST revenues during February from domestic transactions have shown a growth of 12 per cent over the same month last year. Taking into account the GST collected from import of goods, the total revenue during February, 2020 has increased by 8 per cent in comparison to the revenue during February, 2019. During this month, the GST on import of goods has shown a negative growth of (-) 2 per cent as compared to February 2019. –Agencies, IHN-NN
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