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GST Review December-2021

Editorial

Dhaval Talati
Festive season fires up GST revenues to ₹ 1.3 lakh crore in October GST collections rose to ₹ 1.30 lakh crore in October, the second highest since its implementation in July 2017. The highest-ever GST collection of ₹ 1.41 lakh crore was recorded in April 2021. This is the fourth consecutive time when GST collections have crossed ₹ 1 lakh crore mark. The collections from GST were ₹ 1.17 lakh crore in September 2021. The revenues have also been aided due to the efforts of the State and Central tax administration resulting in increased compliance over previous months. Said growth in GST collections shows that slowly we are coming out of the shadow of Covid-19. New functionalities deployed on the GST Portal for taxpayers Various new functionalities are implemented on the GST Portal, from time to .......