City
Epaper

November GST collection at nearly Rs 1.05 lakh Cr

By IANS | Updated: December 1, 2020 15:55 IST

New Delhi, Dec 1 Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore, an ...

Open in App

New Delhi, Dec 1 Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore, an official statement said on Tuesday.

The revenues for the month of November 2020 were 1.4 per cent higher than the GST revenues in the same month last year.

During the month, revenues from import of goods was 4.9 per cent higher and the revenues from domestic transaction, including import of services, are 0.5 per cent higher that the revenues from these sources during the same month last year.

The total goods and services tax collected includes Central GST (CGST) of Rs 19,189 crore, State GST (SGST) of Rs 25,540 crore and Integrated GST (IGST) of Rs 51,992 crore.

"The gross GST revenue collected in the month of November, 2020 is Rs 1,04,963 crore of which CGST is Rs 19,189 crore, SGST is Rs 25,540 crore, IGST is Rs 51,992 crore (including Rs 22,078 crore collected on import of goods) and Cess is Rs 8,242crore (including Rs 809 crore collected on import of goods)," said the Finance Ministry statement.

The total number of GSTR-3B returns filed for the month of November 30 2020 was 82 lakhs.

The government has settled Rs 22,293 crore to CGST and Rs 16,286 crore to SGST from IGST as regular settlement. The total revenue earned by Central government and the State governments after regular settlement in the month of November 2020 is Rs 41,482 crore for CGST and Rs 41,826 crore for the SGST.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalHM Amit Shah in Patna to attend swearing-in of Nitish Kumar

NationalRajasthan DGP directs officers to work with strictness to curb crime

InternationalIsraeli military uncovers Hezbollah attempts to restore Lebanon infrastructure in 'blatant' violation of ceasefire

Other SportsIndian Open squash: Velavan Senthilkumar beats sixth seed Bernat Jaume; Ramit Tandon also advances

InternationalAmbassador Kwatra meets US Congressman Riley Moore; discusses trade, security, energy cooperation

Business Realted Stories

BusinessNepal decides to facilitate Indian companies in developing hydropower projects

BusinessApple announces 45 finalists for 2025 App Store Awards

BusinessSEBI cautions investors against unregistered online bond platforms amid rise in misleading ads

BusinessNiti Aayog releases report on enhancing water security across 18 blocks in 11 states

BusinessNew Aadhaar app to facilitate paperless identity sharing, option to verify Aadhaar information: UIDAI CEO