NEW DELHI: Goods and services tax collections grew about 9% in December to Rs 1.03 lakh crore, from Rs 94,726 crore a year earlier, the government said on Wednesday. Collections expanded 6% year-on-year in November, after falling for the previous two months.The government has undertaken several measures in the past months to improve collections. Revenue secretary Ajay Bhushan Pandey met with senior officials in December and sent out a message to maximise collections. “GST revenues in December 2019 from domestic transactions have shown an impressive growth of 16% over revenues collected in December 2018,” a finance ministry statement said.If Integrated GST (IGST) from imports are considered, total revenue rose 9%, it said. IGST revenue on imported goods fell 10% from a year earlier.

Source: Economic Times January 01, 2020 10:28 UTC