GST earnings collection crossed Rs one lakh crore in November – Moments of India


GST revenue collection crossed the Rs one lakh crore mark right after a gap of three months in November with the income expanding by six% to Rs one.03 lakh crore in the month. The GST collection was Rs 95,380 crore in Oct although it was Rs 97,637 crore November 2018.

GST income

collection crossed the Rs one lakh crore mark right after a gap of three months in November with the revenue escalating by six% to Rs 1.03 lakh crore in the thirty day period.

The

GST collection

was Rs 95,380 crore in Oct even though it was Rs ninety seven,637 crore November 2018.

Of gross Rs one,03,492 crore in November,

CGST

is Rs 19,592 crore, SGST is Rs 27,one hundred forty four crore, IGST is Rs 49,028 crore (together with Rs 20,948 crore collected on imports) and

Cess

is Rs 7,727 crore (including Rs 869 crore gathered on imports), an formal assertion stated.

Immediately after two months of damaging expansion, the

GST

profits witnessed an extraordinary restoration with a expansion of 6 for every cent in November 2019 over the November 2018 collections, it reported.

All through the thirty day period, the GST assortment on domestic transactions witnessed a advancement of twelve for each cent, the greatest for the duration of the yr, it additional.

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