Did You Know GST collections in April

New Delhi, May 01: The Centre on Tuesday stated that the revenue collected towards Goods and Services Tax (GST) for the month of April 2018, surpassed the Rs 1 lakh crore mark

Of the total revenue of Rs1.03 trillion collected in April, Rs18,652 crore was central GST, Rs25704 crore was state GST and Rs50,548 crore was integrated GST (including Rs21,246 crore collected on imports), the finance ministry statement said. The cess was Rs8,554 crore

The Goods and Service Tax is rolled on July 1st, In April it crossing the Rs1 trillion mark for the first time since the new tax regime was rolled out on 1 July.

Furthermore, the ministry noted that a total of 6.047 million GSTR 3B returns were filed for the month of March, as on April 30, as against 8.712 million, who are eligible to file returns for March, thus accounting for 69.5 per cent of the eligible proportion.