GST collections above Rs 1.4 trillion for sixth consecutive month

Mop-up increases 28% YoY in August to Rs 1.43 trillion; most big states see double-digit growth in collections

Goods and Services Tax (GST) collections remained above Rs 1.4 trillion for the sixth month in a row, and increased 28 per cent year-on-year to Rs 1.43 trillion on better compliance, revival in consumption, and elevated inflation. The GST mop-up in August 2021 was Rs 1.12 trillion.

However, revenue from the indirect tax witnessed a mild month-on-month dip from Rs 1.49 trillion collected in July. Despite imposition of GST on pre-packaged food items from July, the collection saw a dip as compared with last month.

“The growth in GST revenue till August over the same period last year is