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GST collection records Rs 1.06 lakh cr in March

According to an official statement, the total number of summary sales return GSTR-3B filed for the month of February up to March 31, stood at 75.95 lakh.

The collection in March 2019, has been highest since introduction of GST and also reflects a 15.6 percent growth over March 2018, collection of Rs 92,167 crore.

Monthly average of GST revenue during 2018-19, stood at Rs 98,114 crore which is 9.2 percent higher than the previous fiscal.

These figures indicate that the revenue growth has been picking up in recent months, despite various rate rationalisation measures.

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