Quick Summary
GST Revenue collection for April 21 sets new record Rs. 1,41,384 crore gross GST revenue collected The gross GST revenue collected in the month of April 2021 is at a record high of Rs.1,41,384 croreof which CGST is Rs.27,837 crore, SGST is Rs.35,621,IGST is Rs68,481 crore(including Rs. 29,599 crore collected on import of goods) and Cess is Rs.9,445 crore(including Rs. 981 crore collected on import of goods). Despite the second wave of COVID-19 pandemic affecting several parts of the countr
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The gross GST revenue collected in April 2021 was a record £1,41,384 crore.
The GST revenues for April 2021 are the highest since GST's introduction and are 14% higher than the revenues collected in March 2021.
Indian businesses demonstrated remarkable resilience by complying with return filing and paying GST dues on time. Improved tax administration, data analytics, and taxpayer support schemes also played a role.
The £1,41,384 crore includes CGST of £27,837 crore, SGST of £35,621 crore, IGST of £68,481 crore, and Cess of £9,445 crore.
The government has implemented a quarterly return and monthly payment scheme for small taxpayers and provided IT support like pre-filled GSTR 2A and 3B returns.
CAclubindia
