GST mop up rose to highest ever level at over Rs 1.15 trillion in December

Mop up was 10.57% higher month-on-month, and 11.65% higher year-on-year despite an elevated base on both yardsticks

Goods and services tax (GST) collections have hit a record of over Rs 1.15 trillion in December against Rs 1.04 trillion the previous month, raising hopes of economic revival. Before this, the highest GST collection was Rs 1.14 trillion in April 2019. 

The collections were 10.57 per cent higher month-on-month and 11.65 per cent higher on a year-on-year basis despite the fact that the base was elevated on both the yardsticks. The government had collected Rs 1.03 trillion in December 2019.

December is the third straight month when the collections crossed the Rs one trillion mark. 

Abhishek Jain, partner at EY, said, "GST