GST revenue collection for March - Rs. 1 Lakh Crores
Posted on: 02/Apr/2019 2:28:04 PM
The revenues from GST during March 2019 has crossed Rs. 1 Lakh Crores and has created a record!
In this regard in a Tweet released by the Central Government Department of Finance, it is mentioned:
‘A new record has been created with the GST revenue collection for the month of March 2019 crossing Rs. 1 Lakh Crores! Out of this, the central government revenue of GST is Rs, 20353 Crores. The State government GST revenue is Rs. 27529 Crores. The Integrated GST revenue was Rs. 50418 Crores. Additional collection revenue was Rs. 8286 Crores.
It is worth mentioning here the corresponding March collection figure for the last year was Rs. 92167 Crores. The average GST collection for the year 2018-19 was Rs. 98114 Crores. As compared to the corresponding amount in the previous year (2017-18), the figure is up by 9.2%.
