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GST - November revenue dips to Rs 97637 crores

By TIOL News Service

NEW DELHI, DEC 01, 2018: The total gross GST revenue collected in the month of November 2018 is Rs 97,637 crores of which CGST is Rs 16,812 crores, SGST is Rs 23,070 crores , IGST is Rs 49,726 crores (including Rs 24,133 crores collected on imports) and Cess is Rs 8,031 crores (including Rs 842 crores collected on imports). The total number of GSTR 3B Returns filed for the month of October up to November 30, 2018 is 69.6 lakhs.

The government has settled Rs 18,262 crores to CGST and Rs 15,704 crores 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 November, 2018 is Rs 35,073 crores for CGST and Rs 38,774 crores for the SGST.

Moreover, Rs 11,922 crores have released to the states as GST compensation for the months of August-September, 2018. The chart shows trends in revenue during the current year.


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