Goods and Services Tax – GST Dated:- 1-5-2021 – News – GST Revenue collection for April 21 sets new record ₹ 1,41,384 crore gross GST revenue collected The gross GST revenue collected in the month of April 2021 is at a record high of Rs. 1,41,384 crore of which CGST is Rs. 27,837 crore , SGST is Rs. 35,621, IGST is Rs 68,481 crore (including ₹ 29,599 crore collected on import of goods) and Cess is Rs. 9,445 crore (including ₹ 981 crore collected on import of goods). Despite the second wave of COVID-19 pandemic affecting several parts of the country, Indian businesses have once again shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in
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this period. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective tax administration have also contributed to the steady increase in tax revenue. Quarterly return and monthly payment scheme has been successfully implemented bringing relief to the small taxpayers as they now file only one return every three months. Providing IT support to taxpayers in the form of pre-filled GSTR 2A and 3B returns and ramped up System capacity have also eased the return filing process. During this month the government has settled ₹ 29,185 crore to CGST and ₹ 22,756 crore to SGST from IGST as regular settlement. The total revenue of Centre and
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