GST collection

GST Collections Creates Another Record With Rs 1.78 Lakh Crore-Mark In March

The Ministry of Finance stated that the increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

Apr 01, 2024, 18:49 PM IST

GST Collections For August At Rs 1,59,069 Crore, 3.6% Lower Than July

The government has settled Rs 37,581 crore to CGST and Rs 31,408 crore to SGST from IGST. The total revenue of Centre and the states in August 2023 after regular settlement was Rs 65,909 crore for CGST and Rs 67,202 crore for SGST. The revenues for August 2023 are 11 per cent higher than the GST revenues in the same month last year.

Sep 01, 2023, 19:13 PM IST

GST Collections Rise 3% In June To Rs 1,61,497 Crore

The revenues for the month of June are 12 percent higher than the GST revenues in the same month last year.

Jul 01, 2023, 15:49 PM IST

GST Collections For April Rose 16.8% To Stand At Rs 1,87,035 Crore

For the first time, gross GST collections have crossed Rs 1.75 lakh crore mark, official sources said.

May 01, 2023, 20:59 PM IST

GST collection crosses Rs 1.4 lakh crore mark in ninth month straight; grows by 11% in November -- Details Inside

In October, GST collections had touched the second-highest level of Rs 1.52 lakh crore on festive spending. The gross GST revenue collected in the month of November 2022 is Rs 1,45,867 crore of which Central GST is Rs 25,681 crore, State GST is Rs 32,651 crore, Integrated GST is Rs 77,103 crore.

Dec 01, 2022, 18:07 PM IST

BIG relief for economy! GST collection rises by 28 % in Aug to Rs 1.43 lakh cr

The revenues for the month of August 2022, registered 28 % increase than the GST revenues of Rs 1,12,020 crore collected in August 2021.

Sep 01, 2022, 15:37 PM IST

GST collection touches all-time high in April at Rs 1.68 lakh crore

The gross GST collection has crossed the Rs 1.5 lakh crore-mark for the first time in April 2022.

May 01, 2022, 15:19 PM IST

Delhi govt collected Rs 28,573 crore as GST and VAT in 2021-22: Officials

The goods and services tax (GST) and value added tax (VAT) collection of Delhi in 2020-21 was Rs 18,572 crore due to the disruption of economic activities caused by Covid-related restrictions.

Apr 07, 2022, 23:39 PM IST

GST collection at all-time high of Rs 1.42 lakh crore in March

The revenues for March 2022 are 15 per cent higher than the GST revenues in the same month last year.

Apr 01, 2022, 16:27 PM IST

GST collection tops Rs 1.38 lakh crore in January

The highest monthly GST collection has been Rs 1,39,708 crore in the month of April 2021.

Jan 31, 2022, 19:57 PM IST

GST collection at Rs 1.29 lakh crore in December 2021

GST revenues in December 2021 grew 13 per cent to over Rs 1.29 lakh crore. 

Jan 01, 2022, 16:44 PM IST

GST collection in November tops Rs 1.30 lakh crore, 2nd highest since roll out

GST collection in November stood at Rs 1.31 lakh crore, indicating economy recovery.  

Dec 01, 2021, 17:43 PM IST

GST collections remain below Rs 1 lakh crore for first time in June

This Rs 1 lakh crore drop in GST collection came after 8 months of continuously posting the collection above Rs 1 lakh crore mark.

Jul 06, 2021, 15:55 PM IST

GST mop-up tops Rs 1.02 lakh crore in May, 65% higher compared to 2020

In addition, while the taxpayers with turnover above Rs 5 crore had to file their returns by June 4, which they would have otherwise filed by May 20, smaller taxpayers with turnover less than Rs 5 crore still have time till first week of July to file the returns without any late fee and interest, and the revenue from these taxpayers is deferred till then.

Jun 05, 2021, 18:38 PM IST

GST revenue hits all-time high of Rs 1.41 lakh crore in April, goes more than Rs 1 lakh crore for 7th time

The gross GST revenue collected in the month of April 2021 is at a record high of Rs 1,41,384 crore, of which CGST is Rs 27,837 crore, SGST Rs 35,621 crore, IGST Rs 68,481 crore (including Rs 29,599 crore collected on import of goods) and cess Rs 9,445 crore (including Rs 981 crore collected on import of goods).

May 01, 2021, 15:34 PM IST

Rs 1.06 Lakh crore GST compensation shortfall released to states

Till now, 96 percent of the total estimated GST compensation shortfall has been released to the States & UTs with Legislative Assembly. Out of this, an amount of Rs. 97,242.03 crore has been released to the States and an amount of Rs. 8,861.97 crore has been released to the 3 UTs with Legislative Assembly.

Mar 09, 2021, 15:53 PM IST

GST collection crosses Rs 1 lakh cr in October for first time since February

The October GST collection stood at over Rs 1.05 lakh crore, for the first time breaching the Rs 1 lakh crore mark this year since February.

Nov 01, 2020, 16:05 PM IST

Goods and Services Tax collection for March stands at Rs 97,597 crore, says Finance Ministry

The total revenue earned by central government and the state governments after regular settlement in the month of March 2020 is Rs 41,901 crore for CGST and Rs 43,516 crore for the SGST," the FinMin statement said.

Apr 01, 2020, 18:50 PM IST

Gross GST collection in February at Rs 1,05,366 crore, says Finance Ministry

According to the Union Finance Ministry, the GST revenues during the month of February 2020 from domestic transactions has shown a growth of 12 per cent over the revenue during February last year.

Mar 01, 2020, 22:45 PM IST

GST collection up 8% year-on-year to Rs 1.10 lakh crore in January, signals recovery

The higher number is good news for the government which is facing serious revenue shortfall. The higher collection in the month of January is, however, on expected lines given the past trends.

Feb 01, 2020, 10:04 AM IST