GST collections July, 2017 to June 2018

By | August 3, 2018
(Last Updated On: August 3, 2018)
Ministry of Finance

Goods & Services Tax collections

Posted On: 03 AUG 2018 6:16PM by PIB 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.

 

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

 

****

DSM/KA 

Annexure

 

Figures in Rs. crore

  CGST  IGST  Comp. Cess Total Net
MonthGrossRefundSettlementNetGrossRefundSettlementNetGross Refund Net 
   (+)   (-)       
July10  1020958  20958593   59321561
               
August15252 32971854949968 10978389907156   715664695
               
September15131 50812021248930 15933329978024   802461233
               
October14962 785522817479957621144267758032   803257624
               
November13690 1014523836426944824027186197103   710349557
               
December139288610348241904276580524835171257922 23 789849213
               
January1487428785832317045338224723651194418070 21 804950660
               
February14763511288274307942382232559806-197498196 23 817231502
               
March162661015121402739046326729425564134687520 42 747848336
               
Total1188761899862752032533873561279420593816862362614 109 62505434381
               
     GST Collection (FY 2018-19)       
  CGST  IGST  Comp. Cess Total Net
MonthGrossRefundSettlementNetGrossRefundSettlementNetGross Refund Net 
   (+)   (-)       
April18653392138413210250548185228395203018554 16 853860942
               
May15866681129312811649120580025261180607339 75 726553440
               
June (FF)1596859315676310524949892233033899378122 105 801749005
               
Total504871666424489127014916616875839934829824015 195 23820163388
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