You are here: Home » Economy & Policy » News » GST
Business Standard

Govt collects Rs 92,150 cr in GST for September

Compensation cess is Rs 7,988 cr

Press Trust of India  |  New Delhi 

GST revenue

The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh business, the Finance Ministry said on Tuesday.

Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.

Integrated GST collections stood at Rs 48,948 crore, of which Rs 23,951 crore was on account of imports.

"The total revenue of GST paid under different heads (up to October 23, 2017) for the month of September 2017 is Rs 92,150 crore," finance ministry said in a statement.

Collection under stood at Rs 7,988 crore, of which Rs 722 crore is from imports in September.
Till yesterday 42.91 lakh business entities had filed initial GSTR-3B returns for September.

As per the data available, GST collections for the maiden month of July were over Rs 95,000 crore, while for August the figure was over Rs 91,000 crore.

September was the third month of GST roll out.

GST which amalgamates over a dozen taxes, including excise duty and service Tax, was rolled out from July 1

First Published: Tue, October 24 2017. 15:31 IST