GST collections shoot past Rs 1 lakh cr for the first time in eight months
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BusinessToday.In
Nov 03, 2020,
Updated Nov 03, 2020, 5:23 PM IST
GST collections headed to the pre-pandemic levels in October crossing Rs 1 lakh crore for the first time since February 2020.
Niti Kiran
The GST revenues for the month are 10% higher than the revenues in the same month last year.
Of these, CGST is Rs 19,193 crore, SGST is Rs 25,411 crore, IGST is Rs 52,540 crore (including Rs 23,375 crore collected on import of goods) and Cess is Rs 8,011crore (including Rs 932 crore collected on import of goods).
Arunachal Pradesh recorded the highest growth among states at 138% followed by Mizoram at 72% growth. Other states and UTs registered growth below 26 per cent while six reported negative growth.
The total number of GSTR-3B Returns filed for the month of October upto 31st October, 2020 is 80 lakh.
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