Speed Post News Network

New Delhi : The total gross GST revenue collected in the month of November 2018 is Rs 97,637 crore of which CGST is Rs 16,812 crore, SGST is Rs 23,070 crore, IGST is Rs 49,726 crore (including Rs 24,133 crore collected on imports) and Cess is Rs 8,031 crore (including Rs. 842 crore collected on imports). The total number of GSTR 3B Returns filed for the month of October up to November 30, 2018 is 69.6 lakh.

The government has settled Rs 18,262 crore to CGST and Rs. 15,704 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, 2018, is Rs 35,073 crore for CGST and Rs. 38,774 crore for the SGST. Rs 11,922crore has been released to the states as GST compensation for the months of August-September, 2018, according to a PIB release.

4 thoughts on “Gross GST collection in Nov. 2018 is Rs 97,637 cr”

Leave a Reply

Your email address will not be published. Required fields are marked *