GST collection up 6% in November, crosses Rs 1 lac crore mark


New Delhi, Dec 1 (IANS): Festive season demand helped the government collect Rs 1.03 lac crore in goods and services tax (GST) in the month of November, up 6 per cent over the same month last year.

The positive growth, a possible sign of recovery, has come after two months of negative growth.

During the month of November, the GST collection on domestic transactions witnessed a growth of 12 per cent, highest during the year. The GST collection on imports continued to see negative growth at (-)13 per cent.

"The gross GST revenue collected in the month of November, 2019 is Rs 1,03,492 crore of which CGST is Rs 19,592 crore, SGST is Rs 27,144 crore, IGST is Rs 49,028 crore (including Rs 20,948 crore collected on imports) and cess is Rs 7,727 crore (including Rs 869 crore collected on imports)," a Finance Ministry statement said.

The total number of GSTR 3B Returns, summary monthly returns, filed for the month of October up to November 30, 2019 was 77.83 lakh.

"The government has settled Rs 25,150 crore to CGST and Rs 17,431 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 November, 2019 is Rs 44,742 crore for CGST and Rs 44,576 crore for the SGST," the Finance Ministry said.

This is the eighth time since the roll-out of GST in July, 2017 that monthly collection has crossed the mark of Rs 1 lakh crore. Also, November 2019 collection is the third highest monthly collection since introduction of GST, next only to April 2019 and March 2019 collections.

"Crossing Rs 1 trillion (Rs 1 lakh crore) in a festive month after a few months of tepid collections would act as sentiment-booster and help in keeping the fiscal deficit under control- hoping that this trend continues in the coming months," said MS Mani, Partner, Deloitte India.

 

  

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Comment on this article

  • UMMAR, mangalore

    Mon, Dec 2 2019

    need to collect more GST for Modiji ki world Tour...

    DisAgree [2] Agree [6] Reply Report Abuse

  • Rufus Lewis, udupi/usa

    Mon, Dec 2 2019

    More money for BJP for Horse trading.

    DisAgree [2] Agree [5] Reply Report Abuse

  • mohan, Mangalore

    Sun, Dec 1 2019

    GST collection increased 6%... is there any connection to GDP drops and economic slowdown... tax collection is burden on public and burden to bussiness people....
    Is this give employment...
    Is this give farmer loans wave...
    Is this increase GDP..
    Is this improve economic condition...
    Is this refuse poverty..
    Is this reduce education fees
    Is this save the air India . Bpcl...from selling....
    Is this improve infrastructure...
    Since 6 years nothing is done except .... bombarding by media..
    This taxation nothing but a loot from middle class people.... and maximum tax is going to BJP fund and ministers pocket...

    DisAgree [3] Agree [16] Reply Report Abuse

  • Rathan, Mangalore

    Sun, Dec 1 2019

    Mohan
    Do you how many household got free gas connection? They were relieved from the pollution of wood fire and difficulty in getting wood. How many toilets /school/ have been built? Do you know how many farmers were benifit Ed by Direct transfer of funds, coating neem to Urea avoided mis use of urea.
    Have you heard of pension scheme, ayushman scheme, generatic medicine
    All above r the result of tax collected put to better use. Benifit will be visible after a ltl long period. Construction of new Highways, railways and development of NE states by providing more airports

    DisAgree [27] Agree [7] Reply Report Abuse

  • mohan, Mangalore

    Sun, Dec 1 2019

    I will not answer you...you totally immature..... only writing on the basis of fake media.... and shsh modis fake bhashans...

    Did seen any toilet built around mangalore in Modi s 6 years time.... tell me just single place..... can you show me one single family in mangalore talk who are getting free log gas.....

    did you saw pumpwell bridge after 10 years still 4 years required to complete....
    So do not comment on the thinks which are out of your brain..

    DisAgree [1] Agree [10] Reply Report Abuse

  • SBM, Mangalore

    Mon, Dec 2 2019

    No adequate flood relief, no compensation to farmers, no road and highway repairs, major highway projects on hold, no improvement in govt. schools and hospital facilities, job cut offs, no employment, hunger rate worse than neighboring countries, mismanagement of public sector companies, should i add more?

    DisAgree [1] Agree [2] Reply Report Abuse

  • Moshu, Mangaluru

    Sun, Dec 1 2019

    "Hasty' GST implementation slowed economy" . This is the words of all time economists of the country Dr. Manmohan Singh whom the country is badly missing his presence. Most of the people of came to know his ability only after the current crisis. I don't think anybody should dare to question his IQ.

    DisAgree [6] Agree [13] Reply Report Abuse

  • pravir shetty, udupi.

    Sun, Dec 1 2019

    GST is best for the country, Initially it was not properly implemented, now its coming to track,wait for atleast next 2 years.
    we will get a positive output.
    negative camapaign wont work.
    indians have rejected the negative campaign.
    EG : 2019 election

    DisAgree [12] Agree [9] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Sun, Dec 1 2019

    Build some more statues

    DisAgree [7] Agree [27] Reply Report Abuse

  • Suresh, Mulki

    Sun, Dec 1 2019

    Government should use this extra funds for welfare of people who are working un other countries like slaves.

    DisAgree [3] Agree [13] Reply Report Abuse

  • Al Dsouza, Canada

    Mon, Dec 2 2019

    Suresh, are you a king? Good for you. Most of us who works in foreign countries are well off with family and financially. I am sure you are a slave and feel that way. We really dont need money but out foreign remittance feeds many your brothers and sisters. It is shame on you call others slaves

    DisAgree [1] Agree [3] Reply Report Abuse

  • Guru, Udupi

    Mon, Dec 2 2019

    Don't take it personally. Actually a person who has ability to live in his mother land and look after his parents and live with family and friends and pay taxes and vote and contribute to development of his country is considered as a real King.

    DisAgree [2] Agree [3] Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Dec 1 2019

    Thanks to inflated Petrol & Diesel ...

    DisAgree [10] Agree [15] Reply Report Abuse

  • Sanjay, Hebri

    Sun, Dec 1 2019

    Talk with some sense. Petrol and diesel are not under GST....its still under vat.

    DisAgree [5] Agree [8] Reply Report Abuse

  • Suresh, Mulki

    Mon, Dec 2 2019

    He ia an illiterate guy

    DisAgree [1] Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Dec 2 2019

    Inflation ...

    DisAgree [3] Agree [3] Reply Report Abuse

  • Prashant Karkera, Hejamady

    Sun, Dec 1 2019

    GST Petrol-deisel me nahi lagta hai re baba....

    DisAgree [1] Agree [3] Reply Report Abuse

  • Prabhu, Karkala

    Mon, Dec 2 2019

    May be he paying GST at Nallasopara

    DisAgree Agree [1] Reply Report Abuse

  • Moshu, Mangalore

    Sun, Dec 1 2019

    WHAT ABOUT THE NEGATIVE IMPACT OF THE GST ON COUNTRY'S ECONOMY.

    DisAgree [8] Agree [20] Reply Report Abuse

  • Sanjay, Hebri

    Sun, Dec 1 2019

    What negative impact? GST is good for everyone..... GST is not a additional tax, it replaced VAT ..which had much higher rates

    DisAgree [22] Agree [9] Reply Report Abuse

  • Awyn, Canada

    Mon, Dec 2 2019

    Sanjay, how the gst is good?

    DisAgree Agree [4] Reply Report Abuse

  • Sanjay, Hebri

    Mon, Dec 2 2019

    I am a business man, i was doing business under vat, now under GST....i am saying this from my experience. Gst has reduced rates of tax of many items... blaming a tax for their political preference is opportunism. Its a new law, few glitches, mainly software issues...thats it....we are happy....you can interview all businesses and ask them if gst has given them any problems? Those who want to talk against BJP are blaming GST.... that's it....they don't know what is gst..😄😄

    DisAgree [2] Agree [1] Report Abuse


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