February 2021 GST collections stand at Rs 1.13 lakh crore, rise 7% from the year-ago month

GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent to over Rs 1.13 lakh crore, indicating economic recovery, the Finance Ministry said on Monday. The collection is, however, lower than the record Rs 1,19,875 crore collected in the previous month.