Don’t miss the latest developments in business and finance.

GST revenue collection eases to 94726 crore in December 2018

Image
Capital Market
Last Updated : Jan 01 2019 | 4:31 PM IST

Number of GSTR 3B Returns filed for November jumps to 72.44 lakh

The total gross GST revenue collected in the month of December, 2018 is Rs 94,726 crore, showing decline from Rs 97,637 crore in November 2018.

For the month of December 2018, CGST is Rs 16,442 crore, SGST is Rs 22,459 crore, IGST is Rs 47,936 crore (including Rs 23,635 crore collected on imports) and Cess is Rs 7,888 crore(including Rs 838 crore collected on imports).

The total number of GSTR 3B Returns filed for the month of November up to 31 December 2018 is 72.44 lakh up from 69.6 lakh in October 2018.

The government has settled Rs 18409 crore to CGST and Rs 14,793 crore to SGST from IGST as regular settlement. Further, Rs 18,000 crore has been settled from the balance IGST available with the center on provisional basis in the ratio of 50:50 between center and states.

The total revenue earned by Central Government and the State Governments after regular settlement in the month of December, 2018 is Rs 43,851 crore for CGST and Rs 46,252 crore for the SGST.

Powered by Capital Market - Live News

Also Read

First Published: Jan 01 2019 | 4:16 PM IST

Next Story