GST Revenue collection for December 2020 recorded all time high since implementation of GST
GST
Dated:- 1-1-2021
GST Revenue collection for December 2020 recorded all time high since implementation of GST
\n₹ 1,15,174 crore gross GST revenue collected in December
\nRevenues for December 2020 are 12% higher than the GST revenues in the same month last year
\nThe gross GST revenue collected in the month of December 2020 is ₹ 1,15,174 crore of which CGST is ₹ 21,365 crore, SGST is ₹ 27,804 crore, IGST is ₹ 57,426 crore (including ₹ 27,050 crore collected on import of goods) and Cess is ₹ 8,579 crore (including ₹ 971 crore collected on import of goods). The total number of GSTR-3B Retur<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n sources during the same month last year. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 0 as compared to December 2019. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST Revenue collection for December 2020 recorded all time high since implementation of GST GSTDated:- 1-1-2021GST Revenue collection for December 2020 recorded all time high since implementation of GST ₹ 1,15,174 crore gross GST revenue collected in December Revenues for December 2020 are 12% higher than the GST revenues in the same month last year … Continue reading “GST Revenue collection for December 2020 recorded all time high since implementation of GST”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69043","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69043"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69043\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nThe GST revenues during December 2020 have been the highest since the introduction of GST and it is the first time that it has crossed ₹ 1.15 lakh crore. The highest GST collection till now was ₹ 1,13,866 crore in the month of April 2019. The revenues of April normally tend to be high since they pertain to the returns of March, which marks the end of financial year. The December 2020 revenues are significantly higher than last month's revenues of ₹ 1,04.963 crore. This is the highest growth in monthly revenues since last 21 months. This has been due to combined effect of the rapid economic recovery post pandemic and the nation-wide drive against GST evaders and fake bills alongwit<\/p>\n
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\nState-wise growth of GST Revenues during December 2020[1]
\nState
\nDec-19
\nDec-20
\nGrowth
\n1
\nJammu and Kashmir
\n409
\n318
\n-22%
\n2
\nHimachal Pradesh
\n699
\n670
\n-4%
\n3
\nPunjab
\n1,290
\n1,353
\n5%
\n4
\nChandigarh
\n168
\n158
\n-6%
\n5
\nUttarakhand
\n1,213
\n1,246
\n3%
\n6
\nHaryana
\n5,365
\n5,747
\n7%
\n7
\nDelhi
\n3,698
\n3,451
\n-7%
\n8
\nRajasthan
\n2,713
\n3,135
\n16%
\n9
\nUttar Pradesh
\n5,489
\n5,937
\n8%
\n10
\nBihar
\n1,016
\n1,067
\n5%
\n11
\nSikkim
\n214
\n225
\n5%
\n12
\nArunachal Pradesh
\n58
\n46
\n-22%
\n13
\nNagaland
\n31
\n38
\n23%
\n14
\nManipur
\n44
\n41
\n-8%
\n15
\nMizoram
\n21
\n25
\n21%
\n16
\nTripura
\n59
\n74
\n25%
\n17
\nMeghalaya
\n123
\n106
\n-14%
\n18
\nAssam
\n991
\n984
\n-1%
\n19
\nWest Bengal
\n3,748
\n4,114
\n10%
\n20
\nJharkhand
\n1,943
\n2,150
\n11%
\n21
\nOdis<\/p>\n
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