Tuesday, July 7News That Matters

GST collection for November stands at Rs. 97,637 cr

The GST collection in the month of November this year stood at  97 thousand and 637 crore rupees. The collection in October had crossed one lakh crore rupees.

The revenue collected in November relates to transactions made in October.

According to an official release, out of the total GST collection, the CGST collection is16 thousand and 812 crore rupees.

SGST is over 23 thousand crore rupees while IGST collection stood at 49 thousand and 726 crore rupees.

The release said, a total of 69.6 lakh GSTR-3B returns were filed till the 30th of last month.

It said, 11 thousand and 922 crore rupees have been released to the states as GST compensation for the months of August and September this year.

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