GST collection in February tops Rs 1 lakh crore; 7% increase from the year-ago month

Goods and service tax collections in February clocked Rs 1.13 lakh crore, up 7% from the same month last year on the back of various measures taken by the government to improve compliance. Revenue collection crossed Rs 1 lakh crore for the fifth time in a row and crossed Rs 1.1 lakh crore-mark for the third time in a row post pandemic, the department of revenue said Monday.
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