Left Menu
Development News Edition

GST collections in June at Rs 90,917 crore

Goods and Services Tax (GST) revenue collection in June stood at Rs 90,917 crore, up from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April on Wednesday.

ANI | New Delhi | Updated: 01-07-2020 14:51 IST | Created: 01-07-2020 14:47 IST
GST collections in June at Rs 90,917 crore
Representative Image. Image Credit: ANI

Goods and Services Tax (GST) revenue collection in June stood at Rs 90,917 crore, up from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April on Wednesday. "The gross GST revenue collected in the month of June 2020 is Rs 90,917 crore, of which CGST is Rs 18,980 crore, State Goods and Service Tax (SGST) is Rs 23,970 crore, Integrated Goods and Services Tax (IGST) is Rs 40,302 crore (including Rs 15,709 crore collected on import of goods) and Cess is Rs 7,665 crore," an official statement from the Finance Ministry said.

"The government has settled Rs 13,325 crore to Central Goods and Service Tax (CGST) and Rs 11,117 crore to SGST from IGST as regular settlement. The total revenue earned by the Central government and the state governments after regular settlement in the month of June 2020 is Rs 32,305 crore for CGST and Rs 35,087 crore for the SGST," the statement added. According to the statement, the revenues for the month are 91 percent of the GST revenues in the same month last year. During the month, the revenues from import of goods were 71 percent and the revenues from the domestic transactions (including import of services) were 97 percent of the revenues from these sources during the same month last year.

The government had allowed a relaxed time schedule for the filing of Goods and Services Tax (GST) returns. Returns of the month of April, March as well as February got filed during June 2020.

  • CGST



Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...


Latest News

Nigeria drops plan for some pupils to return to school amid COVID-19 concerns

Nigeria has dropped a plan to allow some pupils to return to school because of a continued increase in the number of COVID-19 infections, its education minister said.Last week the presidential taskforce on the new coronavirus had said pupil...

COVID-hit Pak FM Qureshi dismisses reports of his death as 'false news'

Pakistan Foreign Minister Shah Mahmood Qureshi, undergoing treatment for COVID-19, on Thursday rubbished as false news the reports of his death that appeared on social media. Qureshi, 64, said he was fine and recovering from COVID-19 infect...

Veteran actor Jagdeep laid to rest at private funeral

Veteran actor-comedian Jagdeep, best known for his role as Soorma Bhopali in Sholay, was laid to rest in the presence of family and close friends at a cemetery here on Thursday. Jagdeep, 81, died at his residence in suburban Mumbai on Wedne...

We remain convinced about resolution of differences through dialogue: India on eastern Ladakh situation

As China withdraws troops from several friction points in eastern Ladakh, India on Thursday said it remained convinced of the need for maintenance of peace and tranquility in the border areas and resolution of differences through dialogue. ...

Give Feedback