INSUBCONTINENT EXCLUSIVE:
Centre has also settled Rs 28,000 crore as IGST ad-hoc settlementGoods and Services Tax (GST) collections hit an all-time high of Rs
1,23,902 crore in March, data released by Finance Ministry showed
On a monthly basis GST collections rose by 9.5 per cent from Rs 1,13,143 crore in February
clear indicators of rapid economic recovery post pandemic," Finance Ministry said in a press release.The government settled Rs 21,879 crore
to CGST and Rs 17,230 crore to SGST from IGST as a regular settlement
collectionPhoto Credit: PIBThe total revenue of Centre and the States after regular and ad-hoc settlements in the month of March' 2021 is Rs
58,852 crore for CGST and Rs 60,559 crore for the SGST
Centre has also released a compensation of Rs 30,000 crore during the month of March 2021.According to the Finance Ministry, the gross GST