GST Collection falls to Rs 97,247 crore in Feb

GST Revenue Collections - Tax scan

Total gross GST revenue collected in the month of February, 2019 is ₹ 97,247 crore of which CGST is ₹ 17,626crore, SGST is ₹ 24,192crore, IGST is ₹ 46,953crore (including ₹ 21,384crore collected on imports) and Cess is ₹ 8,476 crore (including ₹ 910crore collected on imports). Total number of GSTR 3B Returns filed for the month of January up to 28th February, 2019 is 73.48lakh.

The Government has settled ₹ 19,470 crore to CGST and ₹ 15,747 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of February, 2019 is ₹ 37,095 crore for CGST and ₹ 39,939 crore for the SGST.

Revenue in February, 2018 was ₹ 85,962 crore and the revenue during February, 2019 is a growth of 13.12% over the revenue in the same month last year.

The Chart shows trends in revenue during the current year as compared to the last year.

taxscan-loader