GST Collections upto the month of December 2018

GST Collections upto the month of December 2018

GST Collections upto the month of December 2018 Compared to previous period 2018 September, October, November and December revenues are high

authorEditordateJan 1, 2019
Last update on Jan 1, 2019
GST Collections upto the month of December 2018 Compared to previous period 2018 September, October, November and December revenues are higher.  This shows compliance is improving under GST.  In the month of December 2018 - 72.44 lakh GSTR-3B returns were filed. Good GST collections led to the Government reducing GST rates for certain items earlier this month.  There is also a promise to reduce GST on cement, if GST collections are vibrant this will also happen soon. Monthwise collection of GST (all components - CSGT, SGST, IGST & Cess) is as given below:
GST collection (in Rs. Crore)
 
Month 2017-18 2018-19 % Change
     
April 1,03,459
May 94,016
June 95,610
July 96,483
August 95,633 93,960 -2%
September 94,064 94,442 0%
October 93,333 100,710 8%
November 83,780 97,637 17%
December 84,314 94,726 12%
January 89,825
February 85,962
March 92,167
Average 89,885 95,948
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