Revenue collection under GST rose to Rs 94,000 crore in September, says government
The government collected Rs 15,318 crore as central GST, Rs 21,061 crore as state GST, and Rs 50,070 crore as integrated GST during the month.
The Union Ministry of Finance on Monday said it had collected Rs 94,442 crore as revenue from Goods and Services Tax in September.
Of the total revenue collected, Rs 15,318 crore was collected as central GST, Rs 21,061 crore as state GST, Rs 50,070 crore as integrated GST and Rs 7,993 crore as cesses, the ministry said in a statement.
Goods and Services Tax collection for September “shows an upward trend” compared to August, when Rs 93,690 crore was collected, the government said. The collection in June and July were Rs 95,610 crore and Rs 96,483 crore, respectively.
The Goods and Services Tax came into effect on July 1, 2017. The new indirect tax system was India’s biggest-ever tax reform, subsuming a range of central and state taxes.
GST Revenue collection for the month of September 2018 crossed ninety-four thousand crore rupees. Total gross GST revenue 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, and IGST is Rs. 50,070 crore.
— Ministry of Finance (@FinMinIndia) October 1, 2018
