Mumbai, 1/3: There is news of relief for the central government amid the ever-increasing inflation. In February 2022, the GST collection increased to Rs 133026 crore. This figure of GST recovery is 18 percent more than in February 2021. At the same time, 26 percent collection has increased compared to February 2020. This is the fifth consecutive month that the GST collection exceeds Rs 1.30 lakh crore.
CGST Collection in February has been Rs 24435 crore, SGST Collection 30779 crore, IGST Collection Rs 67471 crore and Cess Rs 10340 crore. The revenue of the central government after regular settlement in the month of February has been Rs 50782 crore. During this, the total revenue of the states has been Rs 52688 crore.
Highest collection for the third time
According to the data of the Finance Ministry, this is the third highest collection in the history of GST. Earlier in January this year, the government had earned Rs 140986 crore from GST, which is the highest ever recovery. Earlier, in April, 2021, the GST collection was Rs 139708 crore, which is the second largest recovery. After this, in February 2022, the government has earned the highest amount of Rs 133026 crore for the third time.
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