GST Revenue collection for February crosses 1 lakh crores



Quick Summary
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
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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.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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