GST mop-up rises to ₹1.5 tn in December

Central and state governments collected €1.5 trillion in goods and services tax (GST) in December, up ₹15% from a year earlier, on higher sales of automobiles and a pick-up in services activity.

- Gireesh Chandra Prasad

NEW DELHI 

GST collections have remained above the ₹1.4-trillion mark for the 10th straight month, the finance ministry said in a statement on Sunday, indicating the buoyancy in indirect tax collections.

GST cess collected remained at ₹11,005 crore, showing strong performance of items in the 28% slab that attracts the cess, especially automobiles.

The total revenue of the Centre and the states after regular of December crore and settlements in the month stood at ₹63,380 and ₹ 64,451 crore, respectively, the ministry said.

During the month, revenues from the import of goods were 8% higher than what was collected from imported items at the same time a year ago, and revenue from domestic transactions, including the import of services, was 18% higher than a year earlier.