GST Collections At All-Time High Of Over Rs 1.15 Lakh Crore In December

Citing the post-pandemic economic recovery as the reason, the Union Finance Ministry reported a record all-time high GST collections of over Rs 1.15 lakh crore in the December, 2020. It registered an increase of 10% from November 2020 figure which was highest in the last 21 months. December 2020 was also the third consecutive month to register over Rs 1-lakh-crore GST collection. Besides, the collection was 12% higher than that of December 2019.