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GST collection revenue crosses the 1 lakh crore mark in November

This is the eighth time that an above Rs 1 lakh crore collection has been recorded

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This image has been used for representational purposes only

This image has been used for representational purposes only

The NDA government climbed a step-up in the collection of Goods and Services tax(GST) in November. According to the data released by the Ministry of Finance, the government collected Rs 1,03,492 crore, the breakup of which is 19,592 crore was CGST, IGST collections stood at Rs 49,028 crore, SGST at Rs 27,144 crore and cess collection was at Rs 7,727 crore.

According to a report in India Today, the return of collections in the above Rs 1 lakh crore range indicates a growth of 6 per cent in the GST revenue compared to the corresponding to November 2018.

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