NEW DELHI: GST assortment scaled all-time high of over Rs 1.13 lakh crore in April, up from Rs 1.06 lakh crore in the previous month, the finance ministry stated Wednesday.
"The total gross GST revenue collected in April 2019 is Rs 1,13,865 crore of which Central GST is Rs 21,163 crore, State GST (SGST) is Rs 28,801 crore, Integrated GST is Rs 54,733 crore and cess is Rs 9,168 crore," an professional remark stated.
Total number of summary gross sales go back GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of 2019-20 fiscal.
The assortment final month has been the best since advent of GST and in addition displays 10.05 in line with cent enlargement over April 2018, when the gathering was Rs 1,03,459 crore, it stated.
The government has settled Rs 20,370 crore to CGST and Rs 15,975 crore to SGST from IGST as common settlement.
Further, Rs 12,000 crore has been settled from the steadiness IGST to be had with the Centre on provisional foundation in the ratio of 50:50 between Centre and States.
"The total revenue earned by the central government and state governments after regular and provisional settlement in April 2019 is Rs 47,533 crore for CGST and Rs 50,776 crore for SGST," the remark added.
For 2019-20, the federal government proposes to gather Rs 6.10 lakh crore from CGST and Rs 1.01 lakh crore as reimbursement cess. The IGST steadiness has been pegged at Rs 50,000 crore.
The CGST assortment in 2018-19 was Rs 4.25 lakh crore, whilst reimbursement cess was over Rs 97,000 crore.
The Goods and Services Tax (GST) earnings final month is 16.05 in line with cent higher than the monthly moderate of Rs 98,114 crore GST earnings in 2018-19.
"The total gross GST revenue collected in April 2019 is Rs 1,13,865 crore of which Central GST is Rs 21,163 crore, State GST (SGST) is Rs 28,801 crore, Integrated GST is Rs 54,733 crore and cess is Rs 9,168 crore," an professional remark stated.
Total number of summary gross sales go back GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of 2019-20 fiscal.
The assortment final month has been the best since advent of GST and in addition displays 10.05 in line with cent enlargement over April 2018, when the gathering was Rs 1,03,459 crore, it stated.
The government has settled Rs 20,370 crore to CGST and Rs 15,975 crore to SGST from IGST as common settlement.
Further, Rs 12,000 crore has been settled from the steadiness IGST to be had with the Centre on provisional foundation in the ratio of 50:50 between Centre and States.
"The total revenue earned by the central government and state governments after regular and provisional settlement in April 2019 is Rs 47,533 crore for CGST and Rs 50,776 crore for SGST," the remark added.
For 2019-20, the federal government proposes to gather Rs 6.10 lakh crore from CGST and Rs 1.01 lakh crore as reimbursement cess. The IGST steadiness has been pegged at Rs 50,000 crore.
The CGST assortment in 2018-19 was Rs 4.25 lakh crore, whilst reimbursement cess was over Rs 97,000 crore.
The Goods and Services Tax (GST) earnings final month is 16.05 in line with cent higher than the monthly moderate of Rs 98,114 crore GST earnings in 2018-19.
GST collection scales record high of Rs 1.13 lakh crore in April
![GST collection scales record high of Rs 1.13 lakh crore in April]()
Reviewed by Kailash
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May 01, 2019
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