Gross GST collection in July crosses 1 lakh 16 thousand crore rupees indicating recovery of Economy at a faster pace

The gross GST revenue collected in July crossed 1,16,000 crore rupees indicating that the economy is recovering at a fastpace and the robust GST revenues are likely to continue in the coming months too, the Finance Ministry Said. The revenues for the month of July 2021 are 33 per cent  higher than the GST revenues in the same month last year.   GST collection, after posting above 1 lakh crore mark for eight months in a row, dropped below 1 lakh crore in last month. With the easing out of COVID r...