The gross Goods and Services Tax (GST) revenue collected in February dropped to Rs 97,247 crore from previous Rs1.02 lakh.
“The Central GST was Rs 17,626 crore, State GST Rs 24,192 crore, Integrated GST Rs 46,953 crore (including Rs 21,384 crore collected on imports) and Cess Rs 8,476 crore (including Rs 910 crore collected on imports),” the ministry statement said.
The total number of GST 3B returns filed for January up to February 28 is 73.48 lakh, said a statement issued by the Department of Revenue. The government settled Rs 19,470 crore to CGST and Rs 15,747 crore to SGST from IGST as regular settlement.
Total revenue earned by the central government and state governments after regular settlement in February is Rs 37,095 crore for CGST and Rs 39,939 crore for SGST.
The revenue in February 2018 was Rs 85,962 crore. Hence the revenue during February 2019 marks a growth of 13.12 per cent in the year-on period.