Prime Time Zone, Webdesk: Goods and Services Tax (GST) collections once again set new records. For the month of March this year, the total was Rs. 1,23,902 crore, the Finance Ministry said on Thursday. This is the first time since the implementation of the GST system in July 2017 that this level of collection has been recorded, the Finance Ministry said. GST collection for the last six months has been Rs. The Center believes that the trend of GST collections continuing at this level at a time when the country is battling the corona epidemic is a clear indicator of economic recovery.
GST collection in March was 27 per cent higher compared to the same month last year. Of the total GST collection, CGST is Rs. 22,973 crore and SGST Rs. 29,329 crore and IGST Rs. 62,842 crore (including Rs. 31,097 crore collected on import of goods), cess Rs. 8,757 crore (including Rs. 935 crore collected on import of goods). State-wise, Manipur recorded the highest GST collection in March at 40 per cent, Arunachal Pradesh at 38 per cent and Tripura and Jammu and Kashmir at 31 per cent. During the month under review, GST collection in Telangana grew by 17 per cent compared to the same month last year, while in Andhra Pradesh it grew by 5 per cent.
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