GST collections July, 2017 to June 2018

Ministry of Finance

Goods & Services Tax collections

Posted On: 03 AUG 2018 6:16PM by PIB Delhi

The Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.

 

The accounting of GST collections in the Central Government is done on the cash basis. Accordingly, the accounting with regard to CGST, IGST and Compensation Cess is done upon the happening of actual event of collections, refunds and settlements. The details are at Annexure.

 

The Government maintains the data of IGST collected and apportioned. The month-wise details are at Annexure.

 

Apart from the regular monthly IGST settlement, the Government has done provisional settlement of un-apportioned IGST lying with the Centre of a total of Rs. 85000 crores (Rs 35,000 in month of February, 2018 and Rs. 50,000 crore in month of June, 2018) equally between Centre and States.

 

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sa

The Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.

 

The accounting of GST collections in the Central Government is done on the cash basis. Accordingly, the accounting with regard to CGST, IGST and Compensation Cess is done upon the happening of actual event of collections, refunds and settlements. The details are at Annexure.

 

The Government maintains the data of IGST collected and apportioned. The month-wise details are at Annexure.

 

Apart from the regular monthly IGST settlement, the Government has done provisional settlement of un-apportioned IGST lying with the Centre of a total of Rs. 85000 crores (Rs 35,000 in month of February, 2018 and Rs. 50,000 crore in month of June, 2018) equally between Centre and States.

 

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/KA 

Annexure

 

Figures in Rs. crore

		CGST				IGST				Comp. Cess				Total Net
Month	Gross	Refund	Settlement	Net	Gross	Refund	Settlement	Net	Gross		Refund		Net
			(+)				(-)
July	10			10	20958			20958	593				593	21561
August	15252		3297	18549	49968		10978	38990	7156				7156	64695
September	15131		5081	20212	48930		15933	32997	8024				8024	61233
October	14962		7855	22817	47995	76	21144	26775	8032				8032	57624
November	13690		10145	23836	42694	48	24027	18619	7103				7103	49557
December	13928	86	10348	24190	42765	805	24835	17125	7922		23		7898	49213
January	14874	287	8583	23170	45338	2247	23651	19441	8070		21		8049	50660
February	14763	511	28827	43079	42382	2325	59806	-19749	8196		23		8172	31502
March	16266	1015	12140	27390	46326	7294	25564	13468	7520		42		7478	48336
Total	118876	1899	86275	203253	387356	12794	205938	168623	62614		109		62505	434381
					GST Collection (FY 2018-19)
		CGST				IGST				Comp. Cess				Total Net
Month	Gross	Refund	Settlement	Net	Gross	Refund	Settlement	Net	Gross		Refund		Net
			(+)				(-)
April	18653	392	13841	32102	50548	1852	28395	20301	8554		16		8538	60942
May	15866	681	12931	28116	49120	5800	25261	18060	7339		75		7265	53440
June (FF)	15968	593	15676	31052	49498	9223	30338	9937	8122		105		8017	49005
Total	50487	1666	42448	91270	149166	16875	83993	48298	24015		195		23820	163388

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