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Home News Goods and Services Tax - GST Month 12 2018 2018 (12) This

GST Revenue collection for the month of November 2018 crosses Ninety-Seven Thousand Crore Rupees

1-12-2018
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The total gross GST revenue collected in the month of November, 2018 is ₹ 97,637 crore of which CGST is ₹ 16,812 crore, SGST is ₹ 23,070 crore, IGST is ₹ 49,726 crore (including ₹ 24,133 crore collected on imports) and Cess is ₹ 8,031 crore (including ₹ 842crore collected on imports). The total number of GSTR 3B Returns filed for the month of October up to 30th November, 2018 is 69.6 lakh.

The government has settled ₹ 18,262 crore to CGST and ₹ 15,704 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 November, 2018 is ₹ 35,073 crore for CGST and ₹ 38,774 crore for the SGST.

₹ 11,922crore has been released to the states as GST compensation for the months of August-September, 2018. The chart shows trends in revenue during the current year.

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