GST Revenue collection for September, 2019

Reading Time: < 1 minute

GST Revenue, Ministry of finance has relesed the GST Collection Data for month of Aug 2019 which shows some decline in the collection, the below mention figures shows the amount of collection.

₹ 91,916 crore total gross GST revenue collected in the month of September, 2019 

The total gross GST revenue collected in the month of September, 2019 is ₹ 91,916 crore of which CGST is ₹ 16,630 crore, SGST is ₹ 22,598 crore, IGST is   ₹ 45,069 crore (including ₹ 22,097 crore collected on imports) and Cess is ₹7,620 crore (including ₹ 728 crore collected on imports). The total number of GSTR 3B Returns filed for the month of August up to 30th September, 2019 is 75.94lakh.

The government has settled ₹ 21,131 crore to CGST and ₹ 15,121 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of September, 2019 is ₹ 37,761 crore for CGST and ₹ 37,719 crore for the SGST.

The revenue during September, 2019 is declined by 2.67% in comparison to the revenue during September, 2018. During April-September, 2019 vis-à-vis 2018, the domestic component has grown by 7.82% while the GST on imports has shown negative growth and the total collection has grown by 4.90%.

The chart shows trends in revenue during the current year.GST Revenue

 

 

Credit: Ministry of Finance

0Shares

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.