GST collection falls below ?1 lakh crore in June


NEW DELHI: Total GST revenue collected in the month of June, 2019, stood at ?99,939 crore, the first fall below the ?1 lakh threshold after a gap of three months. Revenue in June, 2018 was ?95,610 crore. The revenue in June, 2019 is 1.86% higher than the monthly average of GST revenue in FY 2018-19 ( ?98,114 crore).

Out of the ?99,939 crore collected in June, CGST is ?18,366 crore, SGST is ?25,343 crore, IGST is ?47,772 crore (including ?21,980 crore collected on imports) and cess is ?8,457 crore (including ?876 crore collected on imports). The total number of GSTR 3B Returns filed for the month of May up to 30th June, 2019 stood at 74.38 lakh.

The government has settled ?18,169 crore to CGST and ?13,613 crore to SGST from IGST as regular settlement. The total revenue earned by central government and the state governments after regular settlement in the month of June, 2019 is ?36,535 crore for CGST and ?38,956 crore for the SGST.

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