September 1, 2021
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GST revenue recovery signals economic rebound as monthly collections and settlements rise after pandemic slowdown.
Gross GST revenue for August 2021 totaled Rs. 1,12,020 crore, comprising CGST, SGST, IGST (including import receipts) and cess; regular IGST settlements and an equal ad hoc IGST distribution between Centre and States/UTs produced consolidated post settlement CGST and SGST totals. The release highlights year on year and pre pandemic growth in collections, attributes the rebound to economic recovery and anti evasion measures, and provides a state wise table of monthly GST collection growth, excluding GST on import of goods.