Goods and Service Tax in India: GST revenue collection for June 2018 Rs 95,610 crore

Sunday, July 1, 2018

GST revenue collection for June 2018 Rs 95,610 crore

Ministry of Finance

Rs 95,610 crore of total gross revenue collected in June 2018 as compared to last month’s revenue of Rs. 94,016 crore
Monthly average of GST collection in the last financial year was Rs. 89,885 crore

GST revenue collection for June 2018

Posted On: 01 JUL 2018 2:20PM by PIB Delhi

The total gross revenue collected in the month of June 2018 is Rs 95,610 crore of which CGST is Rs 15,968 crore, SGST is Rs. 22,021 crore, IGST is Rs 49,498 crore (including Rs. 24,493 crore collected on imports) and cess is Rs. 8,122 crore (including Rs. 773 crore collected on imports). The total number of GSTR 3B Returns filed for the month of May upto June 2018 is 64.69 Lakhs.

The total revenue earned by Central Government and the State Governments after settlement in the month of June 2018 is Rs. 31,645 crore for CGST and Rs. 36,683 crore for SGST.

The current month’s revenue collection is Rs. 95,610 crore as compared to last month’s revenue of Rs. 94,016 crore. Further the gross revenue collection in the month of June 2018 is Rs. 95,610 crore whereas monthly average of GST collection in the last financial year was Rs. 89,885 crore.

In the month of June, 2018 additional provisional settlement has been done and Rs. 50,000 crore has been settled between Centre and States. The said provisional settlement has been done in addition to the earlier provisional settlement of Rs. 35,000 crore in February, 2018.