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GST Revenue Crossed Rs 94,000 Cr In September

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In September GST revenue collection by the Centre crossed Rs 94,000 crore, according to an official release.

According to the release, the total gross GST revenue collected in the month of September, 2018 is Rs. 94,442 crore of which CGST is Rs. 15,318 crore, SGST is Rs. 21,061 crore, IGST 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.

The total number of GSTR 3B Returns filed for the month of August up to 30th September, 2018 is 67 lakh.

After settlement in the month of September, 2018 the total revenue earned by Central Government and the State Governments is Rs. 30,574 crore for CGST and Rs. 35,015 crore for the SGST.

The revenues collected in September, 2018 of Rs. 94,442 crore shows an upward trend as compared to August, 2018 collection of Rs. 93,690 crore.

The chart shows trends in revenue during the current year.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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