Total GST revenue does not cross 1 lac crore again



Total GST Revenue collection of Rs. 97,247 crore for the month of February 2019 

Total gross GST revenue collected in the month of February, 2019 is Rs. 97,247 crore of which CGST is Rs. 17,626 crore, SGST is Rs. 24,192 crore, IGST is Rs. 46,953 crore (including Rs. 21,384 crore collected on imports) and Cess is Rs. 8,476 crore (including Rs. 910 crore collected on imports). Total number of GSTR 3B Returns filed for the month of January up to 28th February, 2019 is 73.48 lakh.

The Government has settled Rs. 19,470 crore to CGST and Rs. 15,747 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of February, 2019 is Rs. 37,095 crore for CGST and Rs. 39,939 crore for the SGST.

Revenue in February, 2018 was Rs.  85,962 crore and the revenue during February, 2019 is a growth of 13.12% over the revenue in the same month last year.

The Chart shows trends in revenue during the current year as compared to the last year.

Total GST revenue does not cross 1 lac crore again




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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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