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This is how much the government earned from GST in September

This is how much the government earned from GST in September
Stock Market1 min read
The Finance Ministry revealed that the government collected Rs 92,150 crore as Goods and Services Tax from 42.91 lakh businesses last month. September was the third month of GST roll-out.

Of 92,150 crore, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.

Integrated GST collections stood at Rs 48,948 crore, of which Rs 23,951 crore was on account of imports.

Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September. Till yesterday 42.91 lakh business entities had filed initial GSTR-3B returns for September.

As per the data available, GST collections for the maiden month of July were over Rs 95,000 crore, while for August the figure was over Rs 91,000 crore.

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