The government has collected Rs 1.05 lakh crore as the goods and services tax (GST) revenue in February, up 8 percent over the same month last year. The collection from GST in February was, however, lower than the Rs 1.10 lakh crore collected in January 2020.

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"The gross GST revenue collected in the month of February, 2020 is Rs 1,05,366 crore of which CGST

The total number of GSTR 3B returns filed for the month of January up to February 29 stood at 83 lakh — same as last month.

The government has settled Rs 22,586 crore to CGST and Rs 16,553 crore to SGST from IGST as regular settlement.

"The total revenue earned by Central Government and the State Governments after regular settlement in the month of February, 2020 is Rs 43,155 crore for CGST and Rs 43,901 crore for the SGST," the statement added.

The GST revenues during the month of February from domestic transactions has shown a growth of 12 percent over the same month last year.

"Taking into account the GST collected from import of goods, the total revenue during February, 2020 has increased by 8 percent in comparison to the revenue during February, 2019," the statement said.

During this month, the GST on import of goods has shown a negative growth of (-) 2 percent as compared to February 2019, it added.

First Published:Mar 1, 2020 7:33 PM IST