GST Revenue collection for December 2020 recorded all-time high
GST Revenue collection for December 2020: The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore of which CGST is Rs 21,365 crore, SGST is Rs 27,804 crore, IGST is Rs 57,426 crore (including Rs 27,050 crore collected on import of goods) and Cess is Rs 8,579 crore (including Rs 971 crore collected on import of goods), the government stated. The total number of GSTR-3B Returns filed for the month of November up to December 31, 2020, is Rs 87 lakhs. Also Read | Rahul Gandhi says, GST an attack on poor, a failure The government has settled Rs 23,276 crore to CGST and Rs 17,681 crore to SGST from IGST as a regular settlement, the government said in a release. The total revenue earned by the Central Government and the State Governments after regular settlement in the month of December 2020 is Rs 44,641 crore for CGST and Rs 45,485 crore for the SGST. In line with the recent trend of recovery in the GST revenues, the revenues for the month of December 2020 are 12 percent higher than the GST revenues in the same month last year. Also Read | 4 new cases of Covid strain found in India; tally reaches 29 The GST revenues during December 2020 have been the highest since the introduction of GST and it is the first time that it has crossed Rs 1.15 lakh crore. The highest GST collection till now was Rs 1,13,866 crore in the month of April 2019. The December 2020 revenues are significantly higher than last month’s revenues of Rs 1,04.963 crore. This is the highest growth in monthly revenues for the last 21 months. This has been due to the combined effect of the rapid economic recovery post-pandemic and the nation-wide drive against GST evaders and fake bills along with many systemic changes introduced recently, which have led to improved compliance. State-wise growth of GST Revenue collection for December 2020:
State | Dec-19 | Dec-20 | Growth | |
1 | Jammu and Kashmir | 409 | 318 | -22% |
2 | Himachal Pradesh | 699 | 670 | -4% |
3 | Punjab | 1,290 | 1,353 | 5% |
4 | Chandigarh | 168 | 158 | -6% |
5 | Uttarakhand | 1,213 | 1,246 | 3% |
6 | Haryana | 5,365 | 5,747 | 7% |
7 | Delhi | 3,698 | 3,451 | -7% |
8 | Rajasthan | 2,713 | 3,135 | 16% |
9 | Uttar Pradesh | 5,489 | 5,937 | 8% |
10 | Bihar | 1,016 | 1,067 | 5% |
11 | Sikkim | 214 | 225 | 5% |
12 | Arunachal Pradesh | 58 | 46 | -22% |
13 | Nagaland | 31 | 38 | 23% |
14 | Manipur | 44 | 41 | -8% |
15 | Mizoram | 21 | 25 | 21% |
16 | Tripura | 59 | 74 | 25% |
17 | Meghalaya | 123 | 106 | -14% |
18 | Assam | 991 | 984 | -1% |
19 | West Bengal | 3,748 | 4,114 | 10% |
20 | Jharkhand | 1,943 | 2,150 | 11% |
21 | Odisha | 2,383 | 2,860 | 20% |
22 | Chhattisgarh | 2,136 | 2,349 | 10% |
23 | Madhya Pradesh | 2,434 | 2,615 | 7% |
24 | Gujarat | 6,621 | 7,469 | 13% |
25 | Daman and Diu | 94 | 4 | -96% |
26 | Dadra and Nagar Haveli | 154 | 259 | 68% |
27 | Maharashtra | 16,530 | 17,699 | 7% |
29 | Karnataka | 6,886 | 7,459 | 8% |
30 | Goa | 363 | 342 | -6% |
31 | Lakshadweep | 1 | 1 | -32% |
32 | Kerala | 1,651 | 1,776 | 8% |
33 | Tamil Nadu | 6,422 | 6,905 | 8% |
34 | Puducherry | 165 | 159 | -4% |
35 | Andaman and Nicobar Islands | 30 | 22 | -26% |
36 | Telangana | 3,420 | 3,543 | 4% |
37 | Andhra Pradesh | 2,265 | 2,581 | 14% |
38 | Laddakh | 0 | 8 | |
97 | Other Territory | 118 | 88 | -25% |
99 | Center Jurisdiction | 75 | 127 | 68% |
Grand Total | 81,042 | 87,153 | 8% |