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Goods & Services Tax collections

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New Delhi: The Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.

The accounting of GST collections in the Central Government is done on the cash basis. Accordingly, the accounting with regard to CGST, IGST and Compensation Cess is done upon the happening of actual event of collections, refunds and settlements. The details are at Annexure.

The Government maintains the data of IGST collected and apportioned. The month-wise details are at Annexure.

Apart from the regular monthly IGST settlement, the Government has done provisional settlement of un-apportioned IGST lying with the Centre of a total of Rs. 85000 crores (Rs 35,000 in month of February, 2018 and Rs. 50,000 crore in month of June, 2018) equally between Centre and States.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sa

The Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.

      The accounting of GST collections in the Central Government is done on the cash basis. Accordingly, the accounting with regard to CGST, IGST and Compensation Cess is done upon the happening of actual event of collections, refunds and settlements. The details are at Annexure.

The Government maintains the data of IGST collected and apportioned. The month-wise details are at Annexure.

Apart from the regular monthly IGST settlement, the Government has done provisional settlement of un-apportioned IGST lying with the Centre of a total of Rs. 85000 crores (Rs 35,000 in month of February, 2018 and Rs. 50,000 crore in month of June, 2018) equally between Centre and States.

Annexure

Figures in Rs. crore

CGST IGST Comp. Cess Total Net
Month Gross Refund Settlement Net Gross Refund Settlement Net Gross Refund Net
(+) (-)
July 10 10 20958 20958 593 593 21561
August 15252 3297 18549 49968 10978 38990 7156 7156 64695
September 15131 5081 20212 48930 15933 32997 8024 8024 61233
October 14962 7855 22817 47995 76 21144 26775 8032 8032 57624
November 13690 10145 23836 42694 48 24027 18619 7103 7103 49557
December 13928 86 10348 24190 42765 805 24835 17125 7922 23 7898 49213
January 14874 287 8583 23170 45338 2247 23651 19441 8070 21 8049 50660
February 14763 511 28827 43079 42382 2325 59806 -19749 8196 23 8172 31502
March 16266 1015 12140 27390 46326 7294 25564 13468 7520 42 7478 48336
Total 118876 1899 86275 203253 387356 12794 205938 168623 62614 109 62505 434381
GST Collection (FY 2018-19)
CGST IGST Comp. Cess Total Net
Month Gross Refund Settlement Net Gross Refund Settlement Net Gross Refund Net
(+) (-)
April 18653 392 13841 32102 50548 1852 28395 20301 8554 16 8538 60942
May 15866 681 12931 28116 49120 5800 25261 18060 7339 75 7265 53440
June (FF) 15968 593 15676 31052 49498 9223 30338 9937 8122 105 8017 49005
Total 50487 1666 42448 91270 149166 16875 83993 48298 24015 195 23820 163388

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