The Goods and Services Tax revenue collection for March hit an all-time high of Rs 1,42,095 crore, the Union Ministry of Finance said on Friday. In February, GST collection was Rs 1,33,026 crore.

The previous all-time high GST collection was recorded in January when Rs 1,40,986 crore collected in taxes across the country.

In a statement released on Friday, the finance ministry said that the revenues for the month of March were 15% higher than the collection in the same month last year.

“During the month [of March], revenue from import of goods was 25% higher and the revenue from domestic transaction [including import of services] is 11% higher than the revenues from these sources during the same month last year,” it said.

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In March, Rs 25,830 crore was collected as Central GST, Rs 32,378 crore as State GST, Rs 74,470 in Integrated GST and Rs 9,417 crore in cess, the ministry said.

(Source: Union Ministry of Finance)

The ministry also noted that the number of e-way bills – electronic permits generated for goods transportation – rose from 6.91 crore in February from 6.88 crore in January. The ministry said that this indicated recovery of business activity at a faster pace.