GST collection falls to its lowest in August 2019

GST

Goods and Services Tax (GST) revenues have fallen to a six-month low of ₹98,202 crore in August 2019. But the Average collections of GST in this financial year are still above ₹1.02 lakh crore.

The total gross GST revenue collected in the month of August 2019 is ₹98,202 crore out of which CGST is ₹17,733crore, SGST is ₹24,239crore, IGST is ₹48,958 crore and cess is ₹7,273 crore. Also, the total number of GSTR 3B Returns filed for the month of July up to August 31, 2019, is 75.80 lakh. The revenue collected in August 2019 was 4.51% higher than what was collected in August 2018.

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