GST collections at Rs 92,150 crore in September
The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh businesses, the finance ministry said today.
Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.
Integrated GST collections stood at Rs 48,948 crore, of which Rs 23,951 crore was on account of imports.
"The total revenue of GST paid under different heads (up to October 23, 2017) for the month of September 2017 is Rs 92,150 crore," finance ministry said in a statement.
Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September.
Till yesterday 42.91 lakh business entities had filed initial GSTR-3B returns for September.
As per the data available, GST collections for the maiden month of July were over Rs 95,000 crore, while for August the figure was over Rs 91,000 crore.
September was the third month of GST roll out.
GST which amalgamates over a dozen taxes, including excise duty and service tax, was rolled out on July 1.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
07:03 PM IST