GST Revenue collection for February, 2020 Rs.1,05,366 Cr
Listen to this Article
The gross GST revenue collected in the month of February, 2020is Rs. 1,05,366crore of which CGST is Rs. 20,569crore, SGST is Rs. 27,348crore, IGST is Rs. 48,503crore (including Rs. 20,745crore collected on imports) and Cess is Rs. 8,947 crore (including Rs. 1,040crore collected on imports). The total number of GSTR 3B Returns filed for the month of January up to 29th February, 2020 is 83.53lakh.
The government has settled Rs. 22,586 crore to CGST and Rs. 16,553 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 February,2020 is Rs. 43,155 crore for CGST and Rs. 43,901 crore for the SGST.
The GST revenues during the month of February, 2020 from domestic transactions has shown a growth of 12% over the revenue during the month of February, 2019. Taking into account the GST collected from import of goods, the total revenue during February, 2020has increased by 8% in comparison to the revenue during February, 2019. During this month, the GST on import of goods has shown a negative growth of (-) 2% as compared to February, 2019.
The chart shows trends in revenue during the current year. The table shows the state-wise figures of GST collected in each State during the month of February, 2020 as compared to Feb, 2019.

State-wise GST revenue in February
(₹ crore)
|
State |
Feb-19 |
Feb-20 |
Growth |
|
Jammu and Kashmir |
306 |
316 |
3% |
|
Himachal Pradesh |
610 |
621 |
2% |
|
Punjab |
1,100 |
1,229 |
12% |
|
Chandigarh |
147 |
172 |
18% |
|
Uttarakhand |
1,237 |
1,281 |
4% |
|
Haryana |
4,873 |
5,266 |
8% |
|
Delhi |
3,422 |
3,835 |
12% |
|
Rajasthan |
2,676 |
2,932 |
10% |
|
Uttar Pradesh |
5,112 |
5,776 |
13% |
|
Bihar |
961 |
1,121 |
17% |
|
Sikkim |
145 |
183 |
26% |
|
Arunachal Pradesh |
32 |
48 |
51% |
|
Nagaland |
20 |
25 |
27% |
|
Manipur |
21 |
37 |
77% |
|
Mizoram |
22 |
25 |
12% |
|
Tripura |
46 |
63 |
37% |
|
Meghalaya |
129 |
157 |
21% |
|
Assam |
736 |
924 |
25% |
|
West Bengal |
3,490 |
3,942 |
13% |
|
Jharkhand |
2,121 |
2,071 |
-2% |
|
Odisha |
2,374 |
2,790 |
18% |
|
Chattisgarh |
2,068 |
2,274 |
10% |
|
Madhya Pradesh |
2,291 |
2,621 |
14% |
|
Gujrat |
6,507 |
7,216 |
11% |
|
Daman and Diu |
92 |
94 |
2% |
|
Dadra and Nagar Haveli |
139 |
145 |
5% |
|
Maharastra |
14,092 |
15,735 |
12% |
|
Karnataka |
6,453 |
7,414 |
15% |
|
Goa |
401 |
411 |
2% |
|
Lakshadweep |
3 |
2 |
-20% |
|
Kerala |
1,416 |
1,754 |
24% |
|
Tamil Nadu |
5,974 |
6,427 |
8% |
|
Puducherry |
175 |
159 |
-9% |
|
Andman and Nikobar Island |
25 |
36 |
45% |
|
Telangana |
3,460 |
3,667 |
6% |
|
Andhra Pradesh |
2,088 |
2,563 |
23% |
|
Other Teritory |
141 |
145 |
3% |
|
Center Jurisdiction |
47 |
100 |
114% |
|
Grand Total |
74,952 |
83,581 |
12% |
*****
RM/KMN - Source (PIB Website)
Category : GST | Comments : 0 | Hits : 977
TEST
Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is to improve user experience and ensure that the information you need is accessible and easy to navigate. 2. Key Enhancements Include (PDF with screenshots attached): i. News and Updates Section: We have introduced a dedicated tab for all news and updates. This section now includes a bet...
The Supreme Court on Friday issued notices to the central government, the Central Board of Indirect Taxes and Customs (CBIC), the Goods and Services (GST) Council and the National Anti-Profiteering Authority (its functions have been taken over by the Competition Commission of India) on a petition challenging a Delhi High Court verdict, upholding the constitutional validity of anti-profiteering provisions filed by a real estate company. The petition, filed by Swati Realty, says the high court ...
The delectable Malabar Parota will taste even better with the Kerala High Court ruling that the popular flatbread will attract GST at 5 per cent and not 18 per cent. With this the court has turned down order by the State’s Authority of Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR). Disposing a petition by Kochi-based Modern Food Enterprises, a single judge bench of Justice Dinesh Kumar Singh said if key inputs (cereals, flour, starch, etc) and preparations are s...
A businessman from Delhi was taken into custody by the Noida police for his alleged involvement in a massive Rs 15,000 crore GST fraud that was exposed last year, TOI reported. Tushar Gupta, aged 39 and residing in Tilak Nagar, was arrested as the 33rd suspect in this case. The police revealed that Gupta had exploited input tax credit (ITC) using 35 fake companies, resulting in a loss of Rs 24 crore to the exchequer over the past two years. He was reportedly part of a syndicate that utiliz...


Comments