GST Revenue collection for March’ 21 sets new record
GST
Dated:- 1-4-2021
GST Revenue collection for March' 21 sets new record
₹ 1,23,902 crore gross GST revenue collected in the month of March 2021
The gross GST revenue collected in the month of March 2021 is at a record of ₹ 1,23,902 crore of which CGST is ₹ 22,973 crore, SGST is ₹ 29,329 crore, IGST is ₹ 62,842 crore (including ₹ 31,097 crore collected on import of goods) and Cess is ₹ 8,757 crore (including ₹ 935 crore collected on import of goods).
The government has settled ₹ 21,879 crore to CGST and ₹ 17,230 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 2
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
port of services) are 17% higher than the revenues from these sources during the same month last year. The GST revenue witnessed growth rate of (-) 41%, (-) 8%, 8% and 14% in the first, second, third and fourth quarters of this financial year, respectively, as compared to the same period last year, clearly indicating the trend in recovery of GST revenues as well as the economy as a whole.
GST revenues crossed above ₹ 1 lakh crore mark at a stretch for the last six months and a steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective ta
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
10
Bihar
1,055.94
1,195.75
13%
11
Sikkim
189.33
213.66
13%
12
Arunachal Pradesh
66.71
92.03
38%
13
Nagaland
38.75
45.48
17%
14
Manipur
35.89
50.36
40%
15
Mizoram
33.19
34.93
5%
16
Tripura
67.1
87.9
31%
17
Meghalaya
132.72
151.97
15%
18
Assam
931.72
1,004.65
8%
19
West Bengal
3,582.26
4,386.79
22%
20
Jharkhand
2,049.43
2,416.13
18%
21
Odisha
2,632.88
3,285.29
25%
22
Chhattisgarh
2,093.17
2,544.13
22%
23
Madhya Pradesh
2,407.40
2,728.49
13%
24
Gujarat
6,820.46
8,197.04
20%
25
Daman and Diu
94.91
3.29
-97%
26
Dadra and Nagar Haveli
168.89
288.49
71%
27
Maharashtra
15,002.11
17,038.49
14%
29
Karnataka
7,144.30
7,914.98
11%
30
Goa
316.47
344.28
9
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =