The increase in collection was also due to the rise in prices of iron and steel and collection from matured GST demand made by tax officers after return scrutiny, the official said.
Commerce secretary BVR Subrahmanyam exuded confidence that, given the robust growth so far, the country will achieve the ambitious export target of $400 billion for FY22. Last fiscal, India could ship out goods worth only $291 billion due to the Covid outbreak.
