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GST Revenue Collection


January 23, 2020

GST Revenue Collection

The GST collection has crossed 1 Lakh Cr for the second consecutive month. This indicates that the consumption has boosted despite all the initial chaos about GST. It is estimated that the record GST collection made in the month of December last year is about 9% higher than that of the previous year. In December 2019, the GST collected totaled to Rs.1.03 lakh Cr and that of December 2018 was Rs.94726 Cr. The disintegrated collection made under GST is as follows:

Central GST                 =  Rs.19962 Cr

State GST                     =  Rs.26792 Cr

Integrated GST            = Rs. 48099 Cr

Additionally, the Cess collected amounted to Rs.8331 Cr and collection from imports summed up to Rs.21295 Cr. In the FY 2019-20, the amount of GST collected crossed the 1 lakh Cr line in the months of April, May, July, November and December. The amount that surpassed Rs.1 lakh Cr mark all these months are definitely supportive for the otherwise diminishing economic progression of the country. However, it is generally opined that GST system is still not steadied even after its introduction that dates back to July 2017.  

Jammu & Kashmir has shown the most progressive collection that rate at 40% year-on-year increase (Rs.409 Cr) in December among provinces. The highest GST collection is recorded in Maharashtra that totals to Rs.16530 Cr which is a 22% increase as compared to December 2018. Other states that have the maximum collection recorded include Gujarat, Uttar Pradesh, Haryana, Tamil Nadu and Karnataka.

The government has calculatingly taken the necessary steps to improve the revenue collections. Revenue Secretary Ajay Bhushan Pandey has issued directions to the senior officials regarding this. As per the statement issued by the Ministry of Finance, “GST revenues in December 2019 from domestic transactions have shown an impressive growth of 16% over revenues collected in December 2018.” The total number of GSTR 3B returns filed for November till December 31, 2019 was 81.21 lakh.  

In the below table, state-wise GST collection is compared between December 2018 and December 2019 and the resulting Growth percentage is illustrated for readers’ quick view:

                                  State

                 December 2018

                 December 2019

                Growth In %

 Andaman& Nicobar Island

 22

 30

 36

 Andhra Pradesh

 2049

 2265

 11

 Arunachal Pradesh

 26

 58

 124

 Assam

 743

 991

 33

 Bihar

 909

 1016

 12

 Chandigarh

 143

 168

 18

 Chhattisgarh

 1852

 2136

 15

 Dadra & Nagar Haveli

 129

 154

 20

 Daman and Diu

 77

 94

 22

 Delhi

 3146

 3698

 18

 Goa

 342

 363

 6

 Gujarat

 5619

 6621

 18

 Haryana

 4646

 5365

 15

 Himachal Pradesh

 595

 699

 18

 Jammu& Kashmir

 293

 409

 40

 Jharkhand

 1995

 1943

 -3

 Karnataka

 6209

 6886

 11

 Kerala

 1416

 1651

 17

 Lakshadweep

 4

 1

 -78

 Madhya Pradesh

 2094

 2434

 16

 Maharashtra

 13524

 16530

 22

 Manipur

 27

 44

 64

 Meghalaya

 108

 123

 14

 Mizoram

 13

 21

 60

 Nagaland

 17

 31

 88

 Odisha

 2347

 2383

 2

 Pondicherry

 152

 165

 9

 Punjab

 1162

 1290

 11

 Rajasthan

 2456

 2713

 10

 Sikkim

 150

 214

 43

 Tamil Nadu

 5415

 6422

 19

 Telangana

 3014

 3420

 13

 Tripura

 48

 59

 24

 Uttarakhand

 1055

 1213

 15

 Uttar Pradesh

 4957

 5489

 11

 West Bengal

 3230

 3748

 16

 GRAND TOTAL

 69983

 80849

 16

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