Monday, 1 October 2018

September GST collection stands at Rs 94,442 crore against Rs 93,690 crore in August -The Total Investment & Insurance Solutions


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01 October 2018
 
GST (The Total Investment & Insurance Solutions)


The GST collection for the month of September stood at Rs 94,442 crore against Rs 93,690 crore in August. Collections in September marked a slight uptick from the preceding month. However, it is lesser than the gross GST revenue in April, where it had exceeded 1.03 lakh crore. 

As many as 67 lakh Goods and Services Tax (GST) returns were filed in September. The total number of GSTR 3B Returns filed for the month of August up to 30th September, 2018 is 67 lakh. 

According to Finance Ministry, of the Rs 94,442 crore collected last month, Central GST (CGST) mop-up is Rs 15,318 crore, State GST (SGST) is Rs 21,061 crore, Integrated GST is Rs 50,070 crore (including Rs 25,308 crore collected on imports) and cess is Rs 7,993 crore (including Rs 769 crore collected on imports) and cess is Rs 7,993 crore (including Rs 769 crore collected on imports) 

The total revenue earned by Central Government and the State Governments after settlement in the month of September, 2018 is Rs. 30,574 crore for CGST and Rs. 35,015 crore for the SGST. The Total Investment & Insurance Solutions

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