<h1>GST Collections Hit Record High in January 2022, Surpass Previous Quarters with Rs. 1.40 Lakh Crore.</h1> The average monthly gross GST collection for the third quarter of FY 2021-22 was Rs. 1.30 lakh crore, surpassing the first and second quarters' averages of Rs. 1.10 lakh crore and Rs. 1.15 lakh crore, respectively. January 2022 saw a record GST collection of Rs. 1,40,986 crore, the highest since GST's implementation. Collections for October, November, and December 2021 were Rs. 1,30,127 crore, Rs. 1,31,526 crore, and Rs. 1,29,780 crore, respectively. The government attributes the increase to efforts such as GST rate rationalization, e-invoicing, mandatory e-filing, and enhanced compliance measures, expecting continued buoyancy in future GST collections.