GST collection crosses Rs 1 lakh cr mark for first time since Feb, totals Rs 1.05 lakh crore in Oct

Avatar Written by November 1, 2020 11:29
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Rs 1.03 lakh crore GST collected in November, third highest ever

New Delhi: The gross GST revenue collected in the month of October, 2020 is ₹ 1,05,155crore of which CGST is ₹ 19,193 crore, SGST is ₹ 25,411 crore, IGST is ₹ 52,540 crore (including ₹ 23375crore collected on import of goods) and Cess is ₹ 8,011crore (including ₹932 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of October upto 31October, 2020 is 80 lakh.

The government has settled ₹ 25,091 crore to CGST and ₹ 19,427 crore to SGST from IGST as regular settlement.

This is a developing story.

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