Goods and Services Tax (GST) revenue for February 2020 reached an impressive Rs 1,05,366 crore. This figure includes Rs 20,569 crore in CGST, Rs 27,348 crore in SGST, Rs 48,503 crore in IGST, and Rs 8,947 crore in Cess. Compared to February 2019, domestic GST revenue saw a 12% increase, while total revenue, including imports, grew by 8%.
GST Revenue collection for February, 2020
Rs. 1,05,366 crore gross GST revenue collected in February
The gross GST revenue collected in the month of February, 2020isRs. 1,05,366croreof which CGST isRs. 20,569crore, SGST isRs. 27,348crore, IGST isRs. 48,503crore(includingRs. 20,745crorecollected on imports) and Cess isRs. 8,947 crore(includingRs. 1,040crorecollected on imports). The total number of GSTR 3B Returns filed for the month of January up to 29thFebruary, 2020 is83.53 lakh.
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FAQ :
The total gross GST revenue collected in February 2020 was Rs 1,05,366 crore.
In February 2020, Rs 20,569 crore was collected as CGST and Rs 27,348 crore as SGST.
GST revenues from domestic transactions in February 2020 showed a growth of 12% compared to February 2019.
GST collected on the import of goods showed a negative growth of (-) 2% in February 2020 compared to February 2019.
A total of 83.53 lakh GSTR 3B returns were filed for January 2020, as of 29th February 2020.