TIWN
New Delhi, Oct 1 (TIWN) The gross GST revenue collection in September rose sequentially to Rs 95,480 crore from August's collection, an official statement said on Thursday.
The gross Goods and Services Tax (GST) revenue collected in the month of September, 2020 is ₹ 95,480 crore, highest since lockdown began in March. The GST collections for August, 2020 stood at ₹86,449 crore. Collections for September were 10.4% higher than August and 4% higher than last year same month, the finance ministry said in a statement Thursday. Of the September collections, CGST is ₹ 17,741 crore, SGST is ₹ 23,131 crore, IGST is ₹ 47,484 crore (including ₹ 22,442 crore collected on import of goods) and Cess is ₹7,124 crore (including ₹ 788 crore collected on import of goods).
- RBI MPC likely to maintain status quo on policy rates: Experts
- Don’t let arrogance lead to your downfall: Top investor Vijay Kedia tells IndiGo
- India Inc’s business sentiment soars amid policy continuity, robust domestic demand
- Samsung shares future business, research plans on AI in US
- PM Modi pushing us to make AI work for people: Google’s Sundar Pichai