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TMI BlogGST Revenue Figures – As on 25th September, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... GST Revenue Figures – As on 25th September, 2017 - Goods and Services Tax - GST Dated:- 27-9-2017 - News - The Goods and Services Tax (GST) was introduced on 1st of July, 2017. In the press release dated 29th August, 2017, it was reported that the total revenue of GST paid under different heads for the month of July, 2017 (upto 29th August) was ₹ 92,283 crore. Out of the total GST collecti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on of ₹ 92,283 crore, the total CGST revenue was ₹ 14,894 crore, SGST revenue was ₹ 22,722 crore, IGST revenue was ₹ 47,469 crore (of which IGST from imports was ₹ 20,964 crore) and Compensation Cess was ₹ 7,198 crore (of which ₹ 599 crore is Compensation Cess from imports). Many assessees have been filing the returns for July 2017 belatedly and till 31st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... August, 2017 and the total GST paid for July is ₹ 94,063 crore. 2. The last date for payment of GST as well as filing of GSTR 3B return for the month of August 2017 was 20th September, 2017. The total number of tax payers who were required to file monthly returns for August 2017 is 68.20 lakhs, of which, as on 25th September, 2017, 37.63 lakh GSTR 3B returns have been filed. 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The total revenue of GST paid under different heads (upto 25th September, 2017) is ₹ 90,669 crore. The total CGST revenue is ₹ 14,402 crore, SGST revenue is ₹ 21,067 crore, IGST revenue is ₹ 47,377 crore (of which IGST from imports in August 2017 is ₹ 23,180 crore) and Compensation Cess is ₹ 7,823 crore (of which ₹ 547 crore is Compensation Cess from im ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ports in August 2017). 4. The above figures obviously do not include the GST to be paid by 10.24 lakh assessees who have opted for the composition scheme. Additionally, there are still a number of assessees who have not filed their return either for July or August, 2017. The increase in the above stated figures will be informed in due course. - News - Press release - PIB Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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