I-T Department raids wellness group, uncovers illicit income of Rs 500 Cr (See 'TOG News')DRDO inks pact with 16 firms for transfer of technology (See 'TOG News')INTL - Payment received with reference to sale, distribution & exhibition of cinematographic films cannot be considered as royalty: ITAT (See 'TOG Latest')I-T - Penalty imposed u/s 271D is sustainable where loans taken & paid are not substantiated with requisite evidence: ITAT (See 'TOG Latest')Central Excise - It is trite law that credit lying in balance as on date of de bonding of 100% EoU & conversion to DTA unit can be transferred to the latter: CESTAT (See 'TOG Latest')Service Tax - Service tax is not payable on surrender charges upon substitution of Explanation to Section 65(105)(zzzzf): CESTAT (See 'TOG Latest')NITI Aayog launches India Innovation Index 2019; Karnataka tops listChinese economic growth slower than expected in Q3Turkey agrees to halt offensive in Syria after deal with US; permits Kurdish withdrawalVenezuela wins seat on UN Human Rights CouncilSatellites to monitor whale strandings from spacePan-India fingerprint database to help nail criminals faster: MoS (See 'TOG News')TP - Government companies are generally unfit for purposes of comparison against private companies driven by profit motive: ITAT (See 'TOG Latest')I-T - Cash received for treatment under medical emergency cannot be held as transaction of loan or advance in contravention of Sec 269SS: ITAT (See 'TOG Latest')Central Excise - What is of essence in a decision is its ratio & not every observation found therein nor what logically follows from various observations made in it: HC (See 'TOG Latest')Customs - Duty rate & tariff applicable on imported goods cleared from warehouse are to be at rate & valuation as on date on which BoE is presented for their home consumption: HC (See 'TOG Latest')Plastic is hazardous for Planet: Reddy (See 'TOG News')
Tax on Go
Budget 2015
Click the banner to download Documents
HOME       GST     INDIRECT TAX     INCOME TAX     DTAA     TP     MIXED BAG     LIBRARY    

GST - Govt exchequer nets Rs 99939 Cr for June 2019

By TOG News Service
Jul 01, 2019 , New Delhi

TOG NEWS SERVICE, NEW DELHI, JULY 01, 2019: THE total gross GST revenue collected in the month of June, 2019 is Rs 99,939 crore of which CGST is Rs 18,366 crores, SGST is Rs 25,343 crores, IGST is Rs 47,772 crores (including Rs 21,980 crores collected on imports) and Cess is Rs 8,457 crores (including Rs 876 crores collected on imports). The total number of GSTR 3B Returns filed for the month of Mayup to June 30, 2019 is 74.38 lakhs.

The Government has settled Rs 18,169 crores to CGST and Rs 13,613 crores to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of June, 2019 is Rs 36,535 crores for CGST and Rs 38,956 crores for the SGST.

Revenue in June, 2018 was Rs 95,610 crores and the revenue during June, 2019 is a growth of 4.52% over the revenue in the same month last year. The revenue in June, 2019 is 1.86% higher than the monthly average of GST revenue in FY 2018-19 (Rs 98,114 crore).