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GST revenue collection crossed Rs 1 lakh cr in November

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Published : Dec 1, 2019, 2:02 PM IST

Updated : Dec 2, 2019, 6:59 PM IST

After a gap of three long months, the GST revenue collection crossed the Rs 1 lakh crore with the revenue growing by 6 per cent. Post negative growth, the GST revenue witnessed an impressive recovery of Rs 97,637 crore in November this year.

GST revenue collection crossed Rs 1 lakh cr in November
GST revenue collection crossed Rs 1 lakh cr in November

New Delhi: GST revenue collection crossed the Rs 1 lakh crore mark after a gap of three months in November with the revenue growing by 6 per cent to Rs 1.03 lakh crore in the month.

The GST collection was Rs 95,380 crore in October while it was Rs 97,637 crore November 2018.

Gross GST Collection
Gross GST Collection

Of gross Rs 1,03,492 crore in November, CGST is Rs 19,592 crore, SGST is Rs 27,144 crore, IGST is Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess is Rs 7,727 crore (including Rs 869 crore collected on imports), an official statement said.

GST revenue collection crossed Rs 1 lakh cr in November

After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 per cent in November 2019 over the November 2018 collections, it said.

During the month, the GST collection on domestic transactions witnessed a growth of 12 per cent, the highest during the year, it added.

READ: World AIDS Day: Numbers and Positives behind the HIV awareness

New Delhi: GST revenue collection crossed the Rs 1 lakh crore mark after a gap of three months in November with the revenue growing by 6 per cent to Rs 1.03 lakh crore in the month.

The GST collection was Rs 95,380 crore in October while it was Rs 97,637 crore November 2018.

Gross GST Collection
Gross GST Collection

Of gross Rs 1,03,492 crore in November, CGST is Rs 19,592 crore, SGST is Rs 27,144 crore, IGST is Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess is Rs 7,727 crore (including Rs 869 crore collected on imports), an official statement said.

GST revenue collection crossed Rs 1 lakh cr in November

After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 per cent in November 2019 over the November 2018 collections, it said.

During the month, the GST collection on domestic transactions witnessed a growth of 12 per cent, the highest during the year, it added.

READ: World AIDS Day: Numbers and Positives behind the HIV awareness

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GST revenue collection crossed Rs 1 lakh cr in November
         New Delhi, Dec 1 (PTI) GST revenue collection crossed the Rs 1 lakh crore mark after a gap of three months in November with the revenue growing by 6 per cent to Rs 1.03 lakh crore in the month.
         The GST collection was Rs 95,380 crore in October while it was Rs 97,637 crore November 2018.
         Of gross Rs 1,03,492 crore in November, CGST is Rs 19,592 crore, SGST is Rs 27,144 crore, IGST is Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess is Rs 7,727 crore (including Rs 869 crore collected on imports), an official statement said.
         After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 per cent in November 2019 over the November 2018 collections, it said.
         During the month, the GST collection on domestic transactions witnessed a growth of 12 per cent, the highest during the year, it added. PTI DP RR
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Last Updated : Dec 2, 2019, 6:59 PM IST

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