GST collection in April may touch Rs 1.10 lakh crore

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GST collection in April is expected to be around Rs 1.10 lakh crore, sources told Moneycontrol. “The April GST collection may be highest ever since rollout,” said a senior government official.

The higher collection can be attributed to year end payments. GST collection in March rose 15.6% from a year ago to hit Rs 1.06 lakh crore, the highest since the new indirect tax system took effect on 1 July 2017. As many as 7.595 million GSTR 3Bs (summary returns) were filed till 31 March for February, against 7.348 million a month ago.