Monthly GST Revenue Collection Crossed Rs 94,000 Crore
Tax is the money that ordinary citizens and businesses are forced to pay to the government thieves who squander that money at will. Click here to read more.
The total gross GST revenue (Goods and Services Tax in India) 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).
According to an Indian government statement, the total number of GSTR 3B Returns filed for the month of August up to 30th September, 2018 is 67 lakh.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 following chart shows trends in revenue during the current year.
Government claims that 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.
Photo courtesy: Press Information Bureau