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Current Affairs

GST collection past Rs 1.3 lakh crore mark

Date: 03 March 2022 Tags: Miscellaneous


The collections of Goods & Service Tax (GST) for the month of February have crossed Rs 1.3 lakh crore mark.



It is the fifth consecutive month that collections have gone beyond Rs 1.3 lakh crore.



  • The collections have been rising due to slew of anti-evasion measures and a pickup in economic activity post the pandemic.

  • The number are significant because February witnesses lower number than January owing to less days.

  • In addition, this February many cities and states witnessed partial lockdowns, weekend and night curfews, and various restrictions.

  • Since introduction, it is for the first time that cess collection has crossed Rs 10,000 crore mark, marking key recovery in sectors such as automobiles.


State-wise changes

GST collections in Tamil Nadu increased by 5 per cent year-on-year in February, while it grew by 21%, 8% and 21% in Maharashtra, Gujarat and Karnataka respectively.



  • CGST (The tax levied on intra-state supplies of both goods and services by the central government) -- Rs 24,435 crore.

  • SGST (The tax levied on intra-state supplies of both goods and services by the states)—Rs 30,779 crore.

  • IGST (Tax levied on all inter-state supplies of goods and services) - Rs 67,471 crore.

  • The total revenue of the Centre and the states in February after settlement is Rs 50,782 crore for CGST and Rs 52,688 crore for SGST.


Future expectations

  • It is expected that revenues may cross the revised targets set for FY22 in the Budget if collections grow at the same rate.

  • This also shows that GST regime has now stabilized and would more or less remain constant in future.