Helped by government stimulus measures, the Goods and Services Tax (GST) collection in November crossed Rs 1 lakh crore, after dropping below the Rs 1 lakh crore level for three consecutive months amid a deceleration of economic growth. November's GST collection stood at Rs 1,03,492 crore, of which CGST was Rs 19,592 crore, SGST Rs 27,144 crore, IGST collections stood at Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess was recorded at Rs 7,727 crore (including Rs 869 crore collected on imports).
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Helped by government stimulus measures, the Goods and Services Tax (GST) collection in November crossed Rs 1 lakh crore, after dropping below the Rs 1 lakh crore level for three consecutive months amid a deceleration of economic growth. November's GST collection stood at Rs 1,03,492 crore, of which CGST was Rs 19,592 crore, SGST Rs 27,144 crore, IGST collections stood at Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess was recorded at Rs 7,727 crore (including Rs 869 crore collected on imports).
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Watch GST collection crosses Rs 1 lakh crore mark in November With HD Quality
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GDP के बाद मोदी सरकार को GST में भी झटका | GST collection drops below Rs 1 lakh crore in August
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The gross Goods and Services Tax (GST) revenue collected in May was at Rs 102,709 crore, the government said on Saturday. Of this, central GST was Rs 17,592 crore, state GST Rs 22,653 crore, integrated GST Rs 53,199 crore crore (including Rs 26,002 crore collected on import of goods) and cess Rs 9,265 crore (including Rs 868 crore collected on import of goods). This is the eighth month in a row that GST revenues have crossed Rs 1 lakh crore mark despite most states been under strict lockdown due to the pandemic.
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GST collection declines 28% MoM in May 2021, still holds Rs 1 lakh cr-mark for 8th month in a row
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The Covid case count and death toll touched new records in India in the past 24 hours. The country reported 4,12,262 new Covid cases yesterday. 3,29,113 people were discharged during the day. There were 3,980 deaths during the day, the highest 24-hour toll so far, data released by the Union Health Ministry showed.
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Coronavirus in India: Daily case count crosses 4-lakh mark with nearly 4000 fresh fatalities
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GST revenue mop-up scaled a monthly record high of over Rs 1.13 lakh crore in April, an increase of 10 per cent over the collection in the year-ago period, on the back of anti-evasion steps taken by tax officers. Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April 2019 is the second consecutive month when Goods and Services Tax (GST) collection exceeded Rs 1 lakh crore. In March, the mop-up was Rs 1.06 lakh crore.
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