GST collections at 96,500 cr in July

Shishir Sinh

New Delhi, Aug 1

The Finance Ministry announced on Wednesday that total collections from Goods and Services Tax (GST) in July reached Rs 96,483 crore. This is slightly lower than the monthly target of Rs 1 lakh crore.

According to a Finance Ministry statement, of the total GST collection, CGST's share was Rs 15,877 crore, SGST was Rs 22,293 crore, and IGST's share was Rs 49,951 crore (including Rs 24,852 crore collected on imports). Cess contributed Rs 8,362 crore (including Rs 794 crore collected on imports). "This is broadly on expected lines," the statement said.

The total number of GSTR 3B Returns filed for July up to July 31 was 66 lakh, compared to GSTR 3B Returns filed for June up to June 30 at 64.69 lakh.

Published on August 01, 2018

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