Total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th December 2017

0
913
GST - India
GST - India
0 0
Azadi Ka Amrit Mahoutsav

InterServer Web Hosting and VPS
Read Time:1 Minute, 22 Second
Total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th December 2017 
Total Revenue Collection under GST:  The total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th December 2017.   99.01 lakh taxpayers have been registered under GST so far till 25th December, of which 16.60 lakh  are composition dealers which are required to file returns every quarter. 53.06 lakh returns have been filed for the month of November till 25th December.
 
Revenue of States:  Of the Rs. 80,808 crores collected under GST for the month of December, 2017 (upto 25th December), Rs. 13,089 crores have been collected as CGST, Rs. 18,650 crores has been collected as SGST,  Rs. 41,270 crores has been collected as IGST and Rs. 7,798 crores has been collected as Compensation cess. Further,  Rs. 10,348 crores is being transferred from IGST to CGST account and Rs. 14,488 crores is being transferred from IGST to SGST account by way of settlement of funds on account of cross utilization of IGST credit for payment of CGST and SGST respectively or due to inter State B2C transactions. Thus, a total amount of Rs. 24,836 crores is being transferred from IGST to CGST/SGST account by way of settlement. Thus, the total collection of CGST and SGST for the month of December, 2017 (upto 25th December) is Rs. 23,437 crores and Rs. 33,138 crores respectively, including transfers by way of settlement.

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Advertisements

USD





LEAVE A REPLY

Please enter your comment!
Please enter your name here