GST collections stood at ₹1,43,612 crore in August

The gross GST revenue collections in August witnessed a 28% jump year-on-year basis, as they stood at ₹1,43,612 crore during the month.

According to figures released by Finance Ministry on Thursday, GST collections in August 2021 were ₹1,12,020 crore.

Out of the total collections, CGST was ₹24,710 crore, SGST was ₹30,951 crore, IGST was ₹77,782 crore (including ₹42,067 crore collected on import of goods), while the cess stood at ₹10,168 crore (including ₹1,018 crore collected on import of goods).

"The growth in GST revenue is a clear impact of various measures taken by the GST Council in the past to ensure better compliance. Better reporting coupled with economic recovery has been having positive impact on the GST revenues on a consistent basis," a Ministry statement said.