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Press Information Bureau
Government of India
Ministry of Finance
08 FEB 2019 4:54PM by PIB Delhi
GST Revenue Collections

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

 

Goods and Services Tax (GST) (in

Budget 2018-2019

Revised 2018-2019

 

Rs. Crore)

 

 

 

 

 

 

 

 

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

100,710

 

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 January’19) 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.

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DSM/RM/KA