The gross GST collection rose 7.3% year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds.The Central GST collection stood at Rs 32,836 crore, State GST at Rs 40,499 crore, Integrated IGST at Rs 47,783 crore and Cess at Rs 11,471 crore, according to government data released on Wednesday.The total gross Goods and Services Tax (GST) revenue grew 7.3% to Rs 1.77 lakh crore in December as compared to Rs 1.65 lakh crore in the same month a year ago, it said.During the month under review, GST from domestic transactions grew 8.4% to Rs 1.32 lakh crore, while revenues from tax on imports rose about 4% to Rs 44,268 crore.During the month, refunds worth Rs 22,490 crore were issued, registering 31% increase over the year-ago period. After adjusting refunds, net GST collection increased by 3.3% to Rs 1.54 lakh crore.MS Mani, partner, Deloitte India said, "While the overall GST collections are showing a y-o-y increase of 8.6%, it needs to be borne in mind that this is despite an increase of 13.5% in respect of refunds, signifying the stability in GST collections and a good GST framework for refund processing."

GST collection rises to Rs 1.77L cr in December

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