GST Collection Crosses Rs 1 Lakh Crore Mark For Fifth Month In 2019-20

GST collections rose above the Rs 1 lakh crore mark for the fifth time in this financial year (April, May, July, November and December). The government needs an average monthly collection of more than Rs 1 lakh crore every month to meet its budget target. Out of the total gross GST revenue collected in December, CGST (central goods and services tax) accounted for Rs 19,962 crore, SGST (state goods and services tax) Rs 26,792 crore...