India GST Revenue up in September!

 

September, 2020 GST collected of `95,480 crore! 

The gross GST revenue collected in the month of September, 2020 is `95,480 crore of which CGST is `17,741 crore, SGST is ` 23,131 crore, IGST is `47,484 crore (including `22,442 crore collected on import of goods) and Cess is `7,124 crore (including `788 crore collected on import of goods).

The government has settled  `21,260 crore to CGST and `16,997 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 September, 2020 is `39,001 crore for CGST and `40,128 crore for the SGST. 

The revenues for the month are 4% higher than the GST revenues in the same month last year. During the month, the revenues from import of goods were 102% and the revenues from domestic transaction (including import of services) were 105 % of the revenues from these sources during the same month last year. 

The chart shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of September 2020 as compared to September 2019 and for the full year.





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