CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the gross GST revenue collected in November 2021?
A
Rs. 1, 02, 709 crores
B
Rs. 1, 16, 393 crores
C
Rs. 1, 17, 010 crores
D
Rs 1, 31, 526 crores
Explanation: 

Detailed explanation-1: -The GST collection November 2021 were reported as Rs. 1.31, 526 crore. Check the below chart for a YoY comparison of monthly revenues.

Detailed explanation-2: -₹1, 45, 867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year.

Detailed explanation-3: -This amount is also 15% higher than the GST collections in December 2021, which were Rs 1, 29, 780 crore.

Detailed explanation-4: -The total GST collection in India 2021-22 or annual GST collection in India for FY 2021-22 was Rs. 14, 76, 000 crore. Below is the year wise GST collection since the inception of GST.

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