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GST Revenue collection for August, 2020 Rs. 86,449 crore of gross GST revenue collected in the month of August The gross GST revenue collected in the month of August, 2020 is Rs. 86,449 crore of which CGST is Rs. 15,906 crore, SGST is Rs. 21,064 crore, IGST is Rs. 42,264 crore (including Rs. 19,179 crore collected on import of goods) and Cess is Rs.7,215 crore (including Rs. 673 crore collected on import of goods). The government has settled Rs. 18,216 crore to CGST and Rs. 14,650 crore
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FAQ :
The total gross GST revenue collected in August 2020 was £86,449 crore.
The revenue collected in August 2020 was 88% of the GST revenue collected in August 2019.
Revenues from the import of goods in August 2020 were 77% of the revenues from the same source during August 2019.
Revenues from domestic transactions, including the import of services, were 92% of the revenues from these sources during August 2019.
Yes, taxpayers with a turnover of less than £5 crore continue to have relaxed filing requirements until September.
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