GST Revenue Collection Crosses 1 lakh Crore for December 2019: Finance Ministry

GST Revenue Collection Crosses 1 lakh Crore for December 2019: Finance Ministry

GST Revenue Collection Crosses 1 lakh Crore for December 2019: Finance Ministry

Finance Ministry: The gross GST (Goods and Services Tax) revenue collection for December 2019 has crossed ₹ 1-lakh crore.

The gross GST revenue collected in the month of December, 2019 is ₹ 1,03,184 crore of which CGST is ₹ 19,962 crore, SGST is ₹ 26,792 crore, IGST is ₹ 48,099 crore (including ₹ 21,295 crore collected on imports) and Cess is ₹ 8,331 crore (including ₹ 847 crore collected on imports). The total number of GSTR 3B Returns filed for the month of November up to 31st December, 2019 is 81.21 lakh.

Goods and services tax (GST) collections grew about 9% in December to ₹ 1.03 lakh crore, from ₹ 94,726 crore a year earlier: Finance Ministry