GST Revenue Collections

GST Revenue Collections Considering present trend in the Monthly Collection of GST revenue, the changes in Revised Estimates vis--vis Budget Estimates for the FY 2018-19 are as under:

GST Revenue Collections

Goods and Services Tax (GST) (in Rs. Crore)	Budget 2018-2019	Revised 2018-2019
CGST	603900	503900
IGST	50000	50000
GST Compensation Cess	90000	90000
Total	743900	643900

It is further submitted that the Month-Wise Gross Collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under:

Month	GST collection (in Rs. Crore)
	2017-18	2018-19
April	--	1,03,459
May	--	94,016
June	--	95,610
July	--	96,483
August	95,633	93,960
September	94,064	94,442
October	93,333	1,00,710
November	83,780	97,637
December	84,314	94,726
January	89,825	1,02,503
February	85,962	--
March	92,167	--
Average	89,885	97,555

In view of the above facts, it is clear that the GST collection in the current FY (2018-19) has been showing improvement compared to last FY (2017-18). The average gross collection of GST in the Current FY 2018-19 is Rs. 97,555 crore (till January19) as compared to last year average collection of Rs. 89,885 crore. This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sabha today.