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GST Revenue collection for December 2020 recorded all-time high

Written by  Rajan Nath -- January 01st 2021 05:08 PM -- Updated: January 01st 2021 05:12 PM
GST Revenue collection for December 2020 recorded all-time high

GST Revenue collection for December 2020 recorded all-time high

GST Revenue collection for December 2020: The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore of which CGST is Rs 21,365 crore, SGST is Rs 27,804 crore, IGST is Rs 57,426 crore (including Rs 27,050 crore collected on import of goods) and Cess is Rs 8,579 crore (including Rs 971 crore collected on import of goods), the government stated. The total number of GSTR-3B Returns filed for the month of November up to December 31, 2020, is Rs 87 lakhs. Also Read | Rahul Gandhi says, GST an attack on poor, a failure GST Revenue collection for December 2020: The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore. The government has settled Rs 23,276 crore to CGST and Rs 17,681 crore to SGST from IGST as a regular settlement, the government said in a release. The total revenue earned by the Central Government and the State Governments after regular settlement in the month of December 2020 is Rs 44,641 crore for CGST and Rs 45,485 crore for the SGST. In line with the recent trend of recovery in the GST revenues, the revenues for the month of December 2020 are 12 percent higher than the GST revenues in the same month last year. Also Read | 4 new cases of Covid strain found in India; tally reaches 29 GST Revenue collection for December 2020: The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore. The GST revenues during December 2020 have been the highest since the introduction of GST and it is the first time that it has crossed Rs 1.15 lakh crore. The highest GST collection till now was Rs 1,13,866 crore in the month of April 2019. The December 2020 revenues are significantly higher than last month’s revenues of Rs 1,04.963 crore. This is the highest growth in monthly revenues for the last 21 months. GST Revenue collection for December 2020: The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore. This has been due to the combined effect of the rapid economic recovery post-pandemic and the nation-wide drive against GST evaders and fake bills along with many systemic changes introduced recently, which have led to improved compliance. State-wise growth of GST Revenue collection for December 2020:

State Dec-19 Dec-20 Growth
1 Jammu and Kashmir 409 318 -22%
2 Himachal Pradesh 699 670 -4%
3 Punjab 1,290 1,353 5%
4 Chandigarh 168 158 -6%
5 Uttarakhand 1,213 1,246 3%
6 Haryana 5,365 5,747 7%
7 Delhi 3,698 3,451 -7%
8 Rajasthan 2,713 3,135 16%
9 Uttar Pradesh 5,489 5,937 8%
10 Bihar 1,016 1,067 5%
11 Sikkim 214 225 5%
12 Arunachal Pradesh 58 46 -22%
13 Nagaland 31 38 23%
14 Manipur 44 41 -8%
15 Mizoram 21 25 21%
16 Tripura 59 74 25%
17 Meghalaya 123 106 -14%
18 Assam 991 984 -1%
19 West Bengal 3,748 4,114 10%
20 Jharkhand 1,943 2,150 11%
21 Odisha 2,383 2,860 20%
22 Chhattisgarh 2,136 2,349 10%
23 Madhya Pradesh 2,434 2,615 7%
24 Gujarat 6,621 7,469 13%
25 Daman and Diu 94 4 -96%
26 Dadra and Nagar Haveli 154 259 68%
27 Maharashtra 16,530 17,699 7%
29 Karnataka 6,886 7,459 8%
30 Goa 363 342 -6%
31 Lakshadweep 1 1 -32%
32 Kerala 1,651 1,776 8%
33 Tamil Nadu 6,422 6,905 8%
34 Puducherry 165 159 -4%
35 Andaman and Nicobar Islands 30 22 -26%
36 Telangana 3,420 3,543 4%
37 Andhra Pradesh 2,265 2,581 14%
38 Laddakh 0 8
97 Other Territory 118 88 -25%
99 Center Jurisdiction 75 127 68%
Grand Total 81,042 87,153 8%
  It does not include GST on the import of goods.  -PTC News

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