Of the 94,726 crore collected, Central GST collection is 16,442 crore, State GST collection is 22,459 crore, Integrated GST collection is 47,936 crore and Cess is 7,888 crore
New Delhi: GST collection dropped to ₹ 94,726 crore in December 2018, lower than ₹ 97,637 crore collected in the previous month. The total number of sales returns or GSTR-3B filed till 30 December 2018, is 72.44 lakh, the finance ministry said in a statement.
GST compensation released to states for August-September stood at ₹ 11,922 crore. Of the ₹ 94,726 crore collected, Central GST collection is ₹ 16,442 crore, State GST collection is ₹ 22,459 crore, Integrated GST collection is ₹ 47,936 crore and Cess is ₹ 7,888 crore. The government has settled ₹ 18,409 crore to CGST and ₹ 14,793 crore to SGST from IGST as regular settlement, it said.
The total revenue earned by central government and state governments after regular settlement in December is ₹ 43,851 crore for CGST and ₹ 46,252 crore for SGST, the ministry added.
The GST collection stood at ₹ 1.03 trillion in April, ₹ 94,016 crore in May, ₹ 95,610 crore in June, ₹ 96,483 crore in July, ₹ 93,960 crore in August, ₹ 94,442 crore in September, ₹ 100,710 crore in October and ₹ 97,637 crore in November.
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