3 reasons why GST collections hit record high of Rs 1.15 lakh crore

The New Year started with a bang for the government as far as its finances are concerned. GST collections in December 2020 showed an unexpected year-on-year growth of 11.6 per cent to Rs 1.15 lakh crore, the highest monthly GST collection so far.  So, what could be the reasons for such jump in collection in December? We talked to number of experts to explain why GST collections in December 20…