GST Revenue Collection for March, 2020

GST Revenue Collection for March, 2020
GST
Dated:- 1-4-2020

GST Revenue Collection for March, 2020
₹ 97,597 Crore of gross GST revenue collected
The gross GST revenue collected in the month of March, 2020 is ₹ 97,597crore of which CGST is ₹ 19,183 crore, SGST is ₹ 25,601 crore, IGST is ₹ 44,508 crore (including ₹ 18,056 crore collected on imports) and Cess is ₹ 8,306 crore (including ₹ 841 crore collected on imports). The total number of GSTR-3B Returns filed for the month of February up to 31st March, 2020 is 76.5 lakh.
The government has settled ₹ 19,718 crore to CGST and ₹ 14,915 crore to SGST from IGST as regular settlement. Inaddition,Centre has also apportion

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

, 2019.
For the full financial year, 2019-20, the GST for domestic transaction has shown a growth rate of 8% over the revenues during last year. During the year, GST from import on goods fell down by 8% as compared to last year. Overall, gross GST revenues grew at 4% over the last year's GST revenue.
The chart shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of March, 2020 as compared to March, 2019 and for the full year.
State-wise GST Collections during March 2020
State
Mar-19
Mar-20
Growth
2018-19
2019-20
Growth
Jammu and Kashmir
388
276
-29%
3,792
4,010
6%
Himachal Pradesh
660
596
-10%
7,593
7,960
5%
Punjab

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

80
43,386
9%
Jharkhand
2,149
2,049
-5%
23,916
22,847
-4%
Odisha
2,626
2,633
0%
26,952
29,677
10%
Chhattisgarh
2,143
2,093
-2%
22,932
24,160
5%
Madhya Pradesh
2,624
2,407
-8%
25,683
28,354
10%
Gujarat
6,521
6,820
5%
73,440
78,923
7%
Daman and Diu
103
95
-8%
1,105
1,155
5%
Dadra and Nagar Haveli
174
169
-3%
1,718
1,810
5%
Maharashtra
15,596
15,002
-4%
1,70,289
1,85,917
9%
Karnataka
6,983
7,144
2%
78,763
83,408
6%
Goa
389
316
-19%
4,103
4,280
4%
Lakshadweep
1
1
54%
20
20
2%
Kerala
1,635
1,475
-10%
16,343
19,234
18%
Tamil Nadu
6,941
6,178
-11%
70,562
74,430
5%
Puducherry
184
149
-19%
1,924
1,871
-3%
Andaman &Nicobar Islands
28
39
40%
297
36

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply