Interviewtimes 
The country’s economy is still in turmoil as the corona epidemic continues. The growth in trade in various sectors has led to rapid economic growth. According to the GST collection in March, the GST collection was about 27 per cent higher in March 2021 than in March 2020.
According to the Finance Ministry, GST revenue of Rs 1,23,402 crore was collected in March 2021. This includes the central GST of Rs 22.483 crore and the state GST of Rs 29,324 crore. Similarly, in March, the integrated GST was collected at Rs 62,842 crore. Under the GST, the government has imposed a cess of up to 15 percent on certain items. The revenue collected from Cessu slightly reduces the revenue losses of the states.
In March last year, a total of Rs 4,560 crore was collected in GST. That’s 28 percent less than this year. For the sixth consecutive month in 2021, GST collection has crossed Rs 1 lakh crore.
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