GST collections for September stood at Rs 1.17 lakh crore

The goods and services tax (GST) revenue collections for September 2021 stood at Rs 1.17 lakh (Rs 1,17,010 crore), crossing the one lakh crore level for the third consecutive month, informed the Ministry of Finance on Friday.

“The gross GST revenue collection in September 2021 is Rs 1,17,010 crore, of which Central Goods and Services Tax (CGST) is Rs 20,578 crore. States Goods and Services Tax (SGST) makes Rs 26,767 crore, and Integrated Goods and Services Tax (IGST) makes Rs 60,911 crore. The IGST also includes Rs 29,555 crore collected on the import of goods.” – the finance ministry statement quoted  The government collected Rs 8,754 as a cess, including Rs 623 collected on the import of goods.

The government has settled Rs 28,812 crore to CGST and Rs 24,140 crore to SGST from IGST as regular settlement. The total revenue of Centre and the states after regular settlements in the month of September 2021 is Rs 49,390 crore for CGST and Rs 50,907 crore for the SGST.

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