GST revenue collection in the month of April 2018 exceeds Rs. 1 lakh crore mark: Centre
New Delhi, May 1 (IBNS): For the first time since its inception in July last year, the Centre on Tuesday said the revenue collected towards Goods and Services Tax (GST) for the month of April 2018 crossed the Rs 1 lakh crore mark.
"The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore, IGST is Rs. 50,548 crore (including 21,246 crore collected on imports) and Cess is Rs.8554 crore (including Rs.702 crore collected on imports)," read a government statement released on Tuesday.
"The total number of GSTR 3B Returns filed for the month of March up to 30th April, 2018 is 60.47 lakh as against 87.12 lakh, who are eligible to file the Return for the month of March, which is 69.5%," it said.
April was also the month for filing of Quarterly Return for Composition Dealers, the government said.
"Out of 19.31 lakh Composition Dealers, 11.47 lakh have filed their Quarterly Return (GSTR 4) which is 59.40% and have paid total tax of Rs.579 crores, which is included in the above figure of Rs.1.03 lakh crore of total GST collection," read the government statement.
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