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GST collection hits record high of Rs 1.06 lakh crore in March

GST collection in March surged to over Rs 1.06 Lakh crore, the highest monthly collection in 2018-19. As many as 75.95 lakh GSTR3B (summary return form) returns were filed for February up to 31 March, as compared with 73.48 lakh a month ago. For 2018-19, monthly GST collections largely remained below the monthly expected average of Rs 1 lakh crore, except for the months of April, October, January and March.

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