GST collections in November cross Rs 1.3 lakh crore

GST revenues for November have been the second highest ever since introduction of GST. The gross GST revenue collected in Nov ember this year is  Rs1,31,526 crore . For the second straight month Gross GST collection has crossed Rs1,30 lakh crore. The revenues for November are 25percent  higher than the GST revenues in the same month last year and 27 percent  over 2019-20. During the month, revenues from import of goods was 43 percent  higher as compared to November last year. Revenues from domestic transaction, including import of services are 20 percent  higher than the same month last year.
Finance Ministry has said that the recent trend of high GST revenues has been a result of various policy and administrative measures that have been taken in the past to improve compliance. It added that a large number of initiatives undertaken in the last one year like enhancement of system capacity, nudging non-filers after last date of filing of returns, auto-population of returns, blocking of e-way bills and passing of input tax credit for non-filers has led to consistent improvement in filing of returns.