Good and Services Tax (GST) collection dropped for the second consecutive month in February this year to Rs 85,174 crore. This is over Rs 1,000 crore less than what the government had collected in January.

A Business Standard report said the drop could be due to fewer days in February besides the utilisation of Integrated GST (IGST) credit for tax payments. The collections were the second lowest since the government began implementing GST in July 2017. November witnessed the lowest collection of Rs 83,808 crore. The Centre had set a monthly target of Rs 91,000 crore when it introduced the GST.

The Government continued to receive collections for February till 26 March. Payments under GST are expected to improve.