{"id":13401,"date":"2020-07-01T20:41:13","date_gmt":"2020-07-01T15:11:13","guid":{"rendered":"http:\/\/udaen.info\/?p=13401"},"modified":"2020-07-01T20:41:13","modified_gmt":"2020-07-01T15:11:13","slug":"gst-revenue-collection-for-june-2020","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=13401","title":{"rendered":"GST Revenue collection for June, 2020"},"content":{"rendered":"
Ministry of Finance<\/div>\n
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GST Revenue collection for June, 2020
\n
\nRs. 90,917crore gross GST revenue collected in the month of June<\/span><\/h2>\n<\/div>\n
\u00a0PIB Delhi<\/div>\n
<\/div>\n

The gross GST revenue collected in the month of June, 2020 is\u00a0Rs. 90,917<\/strong>crore<\/strong>\u00a0of which CGST is\u00a0Rs. 18,980<\/strong>crore<\/strong>, SGST is\u00a0Rs. 23,970<\/strong>crore<\/strong>, IGST is\u00a0Rs. 40,302<\/strong>crore<\/strong>\u00a0(including\u00a0Rs. 15,709<\/strong>crore<\/strong>\u00a0collected on import of goods) and Cess is\u00a0Rs.7,665 crore<\/strong>\u00a0(including\u00a0Rs. 607<\/strong>crore<\/strong>\u00a0collected on import of goods).<\/p>\n

The government has settled\u00a0Rs. 13,325crore<\/strong>\u00a0to CGST and\u00a0Rs. 11,117crore<\/strong>\u00a0to SGST from IGST as regular settlement.The total revenue earned by Central Government and the State Governments after regular settlement in the month of June,2020 is\u00a0Rs. 32,305 crore<\/strong>\u00a0for CGST and\u00a0Rs. 35,087 crore<\/strong>\u00a0for the SGST.<\/p>\n

The revenues\u00a0for the month<\/strong>\u00a0are\u00a091%<\/strong>\u00a0of the GST revenues in the same month last year. During the month, the revenues from import of goods were\u00a071%<\/strong>and the revenues from domestic transaction (including import of services) were\u00a097%<\/strong>\u00a0of the revenues from these sources during the same month last year.During the month of June, returns of February, March, and April 2020 have also been filed in addition to some returns of May 2020 since Government has allowed a relaxed time schedule for filing of GST returns. Some returns of May 2020, which would have otherwise got filed in June 2020, will get filed during first few days of July 2020.<\/p>\n

The revenues during the financial year has been impacted due to COVID-19, firstly due to the economic impact of the pandemic and secondly due to the relaxations given by the Government in filing of returns and payment of taxes due to the pandemic. However, figures of past three months show recovery in GST revenues. The GST collections for the month of\u00a0April\u00a0<\/strong>was\u00a0Rs. 32,294 crore<\/strong>which was\u00a028%<\/strong>\u00a0of the revenue collected during the same month last year and the GST collections for the month of\u00a0May<\/strong>\u00a0was\u00a0Rs. 62,009 crore<\/strong>\u00a0which was\u00a062%<\/strong>of the revenue collected during the same month last year. The GST collections for the\u00a0first quarter\u00a0<\/strong>of the year is\u00a059%<\/strong>of the revenue collected during the same quarter last year. However, a large number of taxpayers still have time to file their return for the month of May, 2020<\/p>\n

The chart shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of June, 2020 as compared to June, 2019 and for the full year.<\/p>\n

<\/p>\n

 <\/p>\n

Table: State-wise GST collection for April 2020[1]<\/a><\/u><\/strong><\/p>\n

<\/a><\/strong><\/p>\n

\n
\n
\n

[1]<\/a>Does not include GST on import of goods<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ministry of Finance GST Revenue collection for June, 2020 Rs. 90,917crore gross GST revenue collected in the month of June \u00a0PIB Delhi The gross GST revenue collected in the month of June, 2020 is\u00a0Rs. 90,917crore\u00a0of which CGST is\u00a0Rs. 18,980crore, SGST is\u00a0Rs. 23,970crore, IGST is\u00a0Rs. 40,302crore\u00a0(including\u00a0Rs. 15,709crore\u00a0collected on import of goods) and Cess is\u00a0Rs.7,665 crore\u00a0(including\u00a0Rs. 607crore\u00a0collected […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[74],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13401"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13401"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13401\/revisions"}],"predecessor-version":[{"id":13402,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13401\/revisions\/13402"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}