Get In Touch
  • Fb-icon
  • Top-linkdin
  • Top-twitter
  • Rss
img
Current Issue
section
logo

animation-neutral-tts-300x100' width='300' height='100' border='0

GST collection for April 2019 sets new record

By Niranjan Mudholkar,

Added 02 May 2019

The total number of GSTR 3B Returns filed for the month of March up to 30th April 2019 is 72.13 lakh.

ease-of-doing-business-tax

The revenue in April, 2019 is 16.05% higher than the monthly average of GST revenue in FY 2018-19 (Rs. 98,114 crore).

The GST Revenue collection for April 2019 has recorded the highest collection since GST implementation. The total gross GST revenue collected in the month of April, 2019 is Rs. 1,13,865 crore of which CGST is Rs. 21,163 crore, SGST is Rs. 28,801 crore, IGST is Rs. 54,733 crore (including Rs. 23,289 crore collected on imports) and Cess is Rs. 9,168 crore (including Rs. 1,053 crore collected on imports). The total number of GSTR 3B Returns filed for the month of March up to 30th April 2019 is 72.13 lakh.

The government has settled Rs. 20,370 crore to CGST and Rs. 15,975 crore to SGST from IGST as regular settlement. Further, Rs. 12,000 crore has been settled from the balance IGST available with the Centre on provisional basis in the ratio of 50:50 between Centre and States. The total revenue earned by Central Government and the State Governments after regular and provisional settlement in the month of April, 2019 is Rs. 47,533 crore for CGST and Rs. 50,776 crore for the SGST.

The revenue in April 2018 was Rs. 1,03,459 crore and the revenue during April 2019 is a growth of 10.05% over the revenue in the same month last year. The revenue in April, 2019 is 16.05% higher than the monthly average of GST revenue in FY 2018-19 (Rs. 98,114 crore).

END

comments powered by Disqus