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GST collection up 8.3% in February at Rs 1.05 lakh cr
TIWN
GST collection up 8.3% in February at Rs 1.05 lakh cr
PHOTO : TIWN

New Delhi, March 1 (TIWN) The gross Goods and Services Tax (GST) revenue collection in the month of February stayed above the Rs 1 lakh crore mark for the fourth consecutive month, at Rs 1.05 lakh crore.

The number of sales return or GSTR-3B filed for the month of January up to February 28, 2019 is 73.48 lakh.

"The total gross GST revenue collected in February 2019 is Rs 97,247 crore of which Central GST is Rs 17,626 crore, State GST (SGST) is Rs 24,192 crore, Integrated GST (IGST) is Rs 46,953 crore and Cess is Rs 8,476 crore," the ministry said in a statement.

Goods and Services Tax (GST) collections in the current fiscal till February totalled Rs 10.70 lakh crore.

The government has lowered the GST collection target for current fiscal to Rs 11.47 lakh crore in the Revised Estimates, from Rs 13.71 lakh crore budgeted initially.

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