GST Collections Hit Record High Of Over Rs. 1.15 Lakh Crore In December 2020: Finance Ministry

Friday, 1 January 2021Newsdesk

The gross goods and services tax (GST) revenue collected in the month of December 2020 was Rs.1,15,174 crore of which CGST was 21,365 crore, SGST was Rs.27,804 crore, IGST was Rs.57,426 crore (including Rs.27,050 crore collected on import of goods) and cess was Rs.8,579 crore (including Rs.971 crore collected on goods imports). The total number of GSTR-3B Returns filed for November up to December 31, 2020, was 87 lakhs.

New Delhi, 01 January 2021

The government settled Rs.23,276 crore to CGST and Rs.17,681 crore to SGST from IGST as regular settlement. The total revenue earned by the Union government and the state governments after regular settlement in the month of December 2020 was Rs.44,641 crore for CGST and Rs.45,485 crore for the SGST.

Source -NDTV