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GST collection in Jan crosses Rs 1.3-trn mark for fourth time in FY22: Govt

Revenues for month of January 2022 were 15% higher than GST revenues in the same month last year and 25% higher than the GST revenues in January 2020

Goods and services tax, gst
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Press Trust of India New Delhi
GST collection in January crossed Rs 1.38 trillion in January, a growth of 15 per cent over the year-ago period, on pick up in economic activity and anti-evasion measures, the Finance Ministry said on Monday.

Total number of GSTR-3B returns filed up to January 30, 2022, is 10.5 million, which includes 3.6 million quarterly returns.

January is the fourth month when Goods and Services Tax (GST) collection has crossed the Rs 1.3 trillion-mark, and seventh month in a row when it crossed the Rs 1 trillion-mark.

In December the collection was over Rs 1.29 trillion.

"The gross GST revenue collected

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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