<h1>GST Collections Surge Post-COVID; FY 2021-22 Shows Significant Growth in Revenue Compared to Previous Years.</h1> The gross GST collection in FY 2021-22 shows an increasing trend post-COVID-19, as reported by a government official in the Lok Sabha. The gross GST collection for FY 2020-21 was Rs. 11,36,805 crore, while FY 2021-22 (till October) reached Rs. 8,10,816 crore. Gross Direct Tax collection for FY 2021-22 is Rs. 8,15,262.7 crore, showing significant growth over previous years. The GST compensation cess is transferred to a non-lapsable fund to compensate states for revenue loss due to GST implementation. Due to lower GST collections, the Centre borrowed Rs. 1.1 lakh crore and Rs. 1.59 lakh crore in consecutive fiscal years to address compensation shortfalls to states.