Comparison of GST collection between September and October

The Gross revenue generated from Goods & Services Tax (GST) in September was Rs 95,480 crore compared to Rs 86,449 crore in August. Out of this, Central GST (CGST) is Rs 17,741 crore and state GST (SGST) is Rs 23,131 crore.

Integrated GST (IGST) stood at Rs 47,484 crore, including Rs 22,442 crore collected on import of goods and Rs 7,124 crore collected as cess (including Rs 788 crore collected on import of goods).

The government allocated Rs 21,260 crore to CGST and Rs 16,997 crore to SGST from IGST as regular settlement. The total revenue generated by central and state governments after regular settlement in September is Rs 39,001 crore for CGST and Rs 40,128 crore for SGST.

Comparison of GST collection between September and October
Comparison of GST collection between September and October

“Revenue for the month is 4 percent higher than the GST revenue in the same month last year,” the government claimed in a statement.

This month revenue from the import of goods was 102 percent and from the domestic transaction (including import of services) was 105 percent of revenue from these sources during the same month last year.

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