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GST revenue up due to economic activity, not notices: CBIC Chairman

Goods And Services Tax (GST) Collection In May 2021 Declines, Holds Rs 1 Lakh Crore Mark

GST revenue in May 2021 stood at Rs 1,02,709 crore, said the finance ministry The gross goods and services tax (GST) revenue collected in May 2021 stood at Rs 1,02,709 crore, holding the Rs 1 lakh crore mark for the eighth month in a row, said the Ministry of Finance in a statement released on Saturday. However, on a month-on-month basis, GST revenue collection declined in May from the all-time record high mark of Rs 1.41 lakh crore registered in April 2021. Out of the total gross GST revenue of Rs 1,41,384 crore, the central goods and services tax (CGST) stood at Rs 17,592 crore, while state good and services tax (SGST) stood at Rs 22,653. (

Goods And Services Tax (GST) Collections Cross Rs 1 Lakh Crore For Fifth Month, Rises 7% To Rs 1 13 Lakh Crore In February

Gross GST revenue collected February 2021 is Rs 1,13,143 crore GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent annually to over Rs 1.13 lakh crore, indicating economic recovery, the finance ministry said on Monday. Goods and Services Tax (GST) collections had risen for two straight months to touch record Rs 1,19,875 crore in January and Rs 1.15 lakh crore in December. The gross GST revenue collected February 2021 is Rs 1,13,143 crore, of which Central GST is Rs 21,092 crore, State GST is Rs 27,273 crore, Integrated GST is Rs 55,253 crore (including Rs 24,382 crore collected on import of goods) and Cess is Rs 9,525 crore (including Rs 660 crore collected on import of goods). GST revenue in February last year was Rs 1.05 lakh crore.

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