GST collections cross Rs 1 lakh crore for the 2nd consecutive month in November

Goods and Service Tax collections in November stood at Rs 1.04 lakh crore compared to Rs 1.05 lakh crore in the previous month, the Union finance ministry on Tuesday. This is the second straight month in the current fiscal year when the GST revenue has topped Rs 1 lakh crore.

The total number of GSTR-3B returns filed till November 30 is Rs 82 lakh. Of the gross GST revenue, collated in the month of November, Rs 19,189 crore is Central Goods and Services Tax, Rs 25,540 crore is State Goods and Services Tax, and Rs 51,992 crore is Integrated Goods and Services Tax. The Cess is Rs 8,242 crore (including Rs 809 crore collected on import of goods).

The revenue for the month of November is 1.4% higher than the Rs 1,03,491 crore collected in the same month last year, the government said.