GST collections jump to an all-time high: April 2019

Revenue from GST witnessed 10% growth from the year-ago period at ₹1.13 lakh crore in April, the highest ever since the implementation of the indirect tax system on July 1, 2017.

The rise in tax collections in April (for domestic sales in March) can also be partially attributed to the year-end phenomenon, when taxpayers pay their arrears.

Of the gross goods and services tax collection of ₹1.13 lakh crore, central goods and services tax (CGST) was ₹21,163 crore, while state GST (SGST) was ₹28,801 crore.

Integrated GST (IGST) collections, levied on inter-state supply of goods and services, and divided between the centre and states, stood at ₹54,733 crore and ₹9,168 crore of cess was collected in April.

As many as 72.13 lakh summary return GSTR 3Bs were filed in March, and up to April 30, the ministry said.

The government aims to mop up ₹7.61 lakh crore from goods and services tax in 2019-20, an increase of 18% compared to the last fiscal.

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