Net Direct Tax Collections

December GST Collections Jump By 16%

Net Direct Tax Collections

Gross revenue on account of Goods and Services Tax (GST) totalled Rs 1.03 lakh crore in December, up 16 per cent in the year-ago period, the government said on Wednesday.

Of this amount, the Central GST was Rs 19,962 crore, State GST Rs 26,792 crore and Integrated GST Rs 48,099 crore (including Rs 21,295 crore collected on imports) and cess Rs 8,331 crore (including Rs 847 crore collected on imports).

The total number of GSTR 3B returns filed for the month of November up to December 31 is Rs 81.21 lakh, according to a statement issued by the Ministry of Finance.

The IGST collected from imports, the total revenue during December 2019, increased by 9 per cent in comparison to the revenue during December 2018.

During the month, the IGST on import of goods saw a negative growth of 10 per cent but marked an improvement over minus 13 per cent in November and minus 20 per cent in October.

The government settled Rs 21,814 crore to CGST and Rs 15,366 crore to SGST from IGST as regular settlement. The total revenue earned by the Centre and state governments after regular settlement in December is Rs 41,776 crore for CGST and Rs 42,158 crore for the SGST.


0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
Would love your thoughts, please comment.x