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GST Council to meet on 17 Sept, tax on Covid essentials may be reviewed
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₹1-lakh-crore mark for the second straight month in August at ₹1.12 lakh crore. The tax collections in August on goods sold and services rendered was 30 per cent higher than ₹86,449 crore collected in August 2020, and 14 per cent higher than ₹98,202 crore collected in August 2019.
Sequentially, however, there was a 3.76 per cent dip in August 2021 collection vis-a-vis ₹1.16 lakh crore mopped up in July 2021. "The gross GST revenue collected in the month of August 2021 is ₹1,12,020 crore of which Central GST is ₹20,522 crore, State GST is ₹26,605 crore, Integrated GST is ₹56,247 crore (including ₹26,884 crore collected on import of goods) and Cess is ₹8,646 crore (including ₹646 crore collected on import of goods)," the finance ministry
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COVID-19
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