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GST Revenue collection for July 2020 Rs 87,422 crore gross GST revenue collected in July The gross GST revenue collected in the month of July, 2020 is Rs 87,422 crore of which CGST is Rs 16,147crore, SGST is Rs 21,418 crore, IGST is Rs 42,592 crore (including Rs 20,324 crore collected on import of goods) and Cess is Rs 7,265 crore (including Rs 807crore collected on import of goods). The government has settled Rs 23,320 crore to CGST and Rs 18,838 crore to SGST from IGST as regular settle
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FAQ :
The total gross GST revenue collected in July 2020 was £87,422 crore.
July 2020's GST revenue was 86% of the amount collected in July 2019.
The collection comprised £16,147 crore CGST, £21,418 crore SGST, £42,592 crore IGST, and £7,265 crore Cess.
The previous month saw higher collections as taxpayers paid taxes for February, March, and April 2020, taking advantage of COVID-19 relief measures.
Yes, taxpayers with a turnover of less than £5 crore continue to have relaxation in filing returns until September 2020.
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