GST collections rise to Rs 96,483 crore in July

Business

New Delhi: The Goods and Services Tax (GST) revenue mop-up rose to Rs 96,483 crore in July from 95,610 crore in the previous month.

In May 2018, the collections from the GST were Rs 94,016 crore.

“The Total Gross GST Revenue collected in the month of July 2018 is Rs 96,483 crore of which CGST is Rs 15,877 crore, SGST is Rs 22,293 crore, IGST is Rs. 49,951 crore (including Rs. 24,852 crore collected on imports) and Cess is Rs. 8,362 crore (including Rs. 794 crore collected on imports). This is broadly on expected lines,” an official release said.
The total number of GSTR 3B Returns filed for the month of July up to 31st July, 2018 is 66 lakh compared to GSTR 3B Returns filed for the month of June up to 30th June, 2018 was 64.69 lakh.

Rs 3,899 crore has been released to the States as GST Compensation for the months of April-May, 2018, the release said.

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