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GST Revenue Collected in December 2017 Rises to Rs 86,703 Crore
The finance ministry, in a statement, said that a total of 8.10 lakh returns were filed by them amounting to Rs 335.86 crore.
New Delhi, Feb 27: Rs 86,703 crore Goods and Services Tax (GST) was collected in the month of December 2017. The GST collection in December 2017 gathered momentum by Rs 6,000 crore as compared to the November collection. The finance ministry, in a statement, said that a total of 8.10 lakh returns were filed by them amounting to Rs 335.86 crore.
“The total revenue received under GST for the month of December 2017 (received in December/January up to 24th January) has been Rs. 86,703 crore till 24th January 2018. The Last Date for filing of GSTR 3B return for the month of December 2017 was 22nd January 2018,” the finance ministry said. (Also Read: Demoentisation And GST is Result of PM Modi’s Backward Thought, Says Rahul Gandhi)
The finance ministry further added that at least one crore taxpayers have been registered under GST so far till January 24, 2018, of which “17.lakh are Composition Dealers which are required to file returns every quarter.” As many as 56.30 lakh GSTR 3B returns have been filed for December, it said.
According to a PTI report, the total collections under the Goods and Services Tax (GST) in November 2017 slipped for the second straight month to Rs 80,808 crore, from over Rs 83,000 crore in October 2017. In September, it was over Rs 92,150 crore.