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Record GST collection in April akp 94 | Record GST collection in April

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File GST assortment in April akp 94 | File GST assortment in April

One lakh crore for the seventh month in a row

The dire state of the corona that has been raging within the nation for the previous few months has led to lockouts and strict restrictions in varied states. Regardless of the antagonistic affect on employment and trade, the gathering of Items and Companies Tax (GST) within the first three months of the brand new monetary yr was a file. A file Rs 1.41 lakh crore was recovered in April, the finance ministry mentioned on Saturday.

GST assortment in April is 14 per cent larger than Rs 1.23 lakh crore in March. One lakh 41 thousand 384 lakh crore GST was obtained in April. This contains Rs 27,837 crore from the Middle, Rs 35,621 crore from the state, Rs 68,481 crore from built-in GST and Rs 9,445 crore from cess.

After the primary wave of corona, public life was starting to return to regular. This led to a rise in GST assortment. However since April, one other wave of corona has hit the state of affairs. This was a file restoration.

Graph of restoration… Items and companies tax assortment has crossed the Rs 1 lakh crore mark for the seventh consecutive month. 1.05 lakh crore in October final yr, 1.04 lakh crore in November and 1.15 lakh crore in December. GST assortment was Rs 1.19 lakh crore in January, Rs 1.13 lakh crore in February and Rs 1.23 lakh crore in March this yr.

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First Printed on Could 2, 2021 1:25 am

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