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GST collections top Rs 1 lakh cr for five straight months since Oct 2020: Thakur
Increased economic activities have resulted in higher GST collection which stood above Rs 1 lakh crore for five months in a row since October 2020, Minister of State for Finance and Corporate Affairs Anurag Thakur said in the Rajya Sabha on Tuesday.
By
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New Delhi
Thakur, during Question Hour, said this could be possible on the back of the measures taken by the government to boost economic activities over the last year to deal with the COVID-19 pandemic. “GST collection has increased. If you see e-way bill data, numbers... activities have increased,” the minister said. “GST collection has witnessed above Rs 1 lakh crore for a stretch of five months since October 2020...
The GST collection during the period has been higher than the collection in the same period last year,” he said.
Meanwhile, FM Nirmala Sitharaman said the Centre would discuss bringing petrol and diesel under the ambit of the GST at the next meeting of the GST Council. Sitharaman, who was addressing the Lok Sabha during a debate on the Finance Bill, 2021, also responded to questions over rising fuel prices. “It’s not only Centre that taxes motor fuel. States do too,” she said.
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