GST Revenue collection for July, 2019..
Shivam RC (Student) (23683 Points)
02 August 2019GST COLLECTION GROW 5.8% IN JULY 2019 to Rs. 1.02 trillion...
The total gross GST revenue collected in the month of July, 2019 is ₹ 1,02,083 crore of which CGST is ₹ 17,912 crore, SGST is ₹ 25,008 crore, IGST is ₹ 50,612 crore (including ₹ 24,246 crorecollected on imports) and Cess is ₹ 8,551 crore (including ₹797 crore collected on imports). The total number of GSTR 3B Returns filed for the month of June up to 31st July, 2019 is 75.79 lakhs
The revenue in July, 2018 was ₹ 96,483 crore and the revenue during July, 2019 is a growth of 5.80% over the revenue in the same month last year. During April-July 2019 vis-à-vis 2018, the domestic component has grown by 9.2% while the GST on imports has come down by 0.2% and the total collection has grown by 6.83%. Rs. 17,789 crore has been released to the states as GST compensation for the months of April-May, 2019.