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		<title>Rs 1,03,492 crore gross GST revenue collected in the month of November, 2019</title>
		<link>https://newsmantra.in/gst/</link>
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		<pubDate>Mon, 02 Dec 2019 09:52:33 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[expense]]></category>
		<category><![CDATA[gross]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[GST]]></category>
		<category><![CDATA[revenue]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=9041</guid>

					<description><![CDATA[<p>The gross GST revenue collected in the month of November, 2019 is Rs 1,03,492 crore of which CGST is Rs 19,592 crore, SGST is Rs 27,144crore, IGST is Rs 49,028 crore (including Rs 20,948 crore collected on imports ) and Cess is Rs 7,727 crore (including Rs 869 crore collected on imports). The total number of GSTR 3B Return s filed for...</p>
<p>The post <a href="https://newsmantra.in/gst/">Rs 1,03,492 crore gross GST revenue collected in the month of November, 2019</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><span class="mceItemHidden">The gross <span class="hiddenSpellError">GST</span> revenue collected in the month of November, 2019 is Rs 1,03,492 crore of which <span class="hiddenSpellError">CGST</span> is Rs 19,<span class="hiddenSpellError">592 crore</span>, <span class="hiddenSpellError">SGST</span> is Rs 27,<span class="hiddenSpellError">144crore</span>, <span class="hiddenSpellError">IGST</span> is Rs 49,<span class="hiddenSpellError">028 crore</span> (including Rs 20,<span class="hiddenSpellError">948 crore</span> collected on imports ) and Cess is <span class="hiddenSpellError">Rs 7</span>,727 crore (including Rs 869 crore collected on imports). The total number of <span class="hiddenSpellError">GSTR</span> <span class="hiddenSpellError">3B </span>Return s filed for the month of <span class="hiddenSpellError">Octoberup</span> to 30th November, 2019 is 77.83 lakh.</span></p>
<p><span class="mceItemHidden">The government has settled Rs 25,<span class="hiddenSpellError">150 crore</span> to <span class="hiddenSpellError">CGST</span> and Rs 17,<span class="hiddenSpellError">431 crore</span> to <span class="hiddenSpellError">SGST</span> from <span class="hiddenSpellError">IGST</span> as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of November, 2019 is Rs 44,742 crore for <span class="hiddenSpellError">CGST</span> and Rs 44,576 crore for the <span class="hiddenSpellError">SGST</span>.</span></p>
<p><span class="mceItemHidden">After two months of negative growth, <span class="hiddenSpellError">GST</span> revenues saw an impressive recovery with a positive growth of 6% in November, 2019 over the November, 2018 collections. During the month, the <span class="hiddenSpellError">GST</span> collection on domestic transactions saw a growth of 12%, highest during the year. </span></p>
<p><span class="mceItemHidden">The <span class="hiddenSpellError">GST</span> collection on imports continued to see negative growth at (-)13%, but was an improvement over last month’s growth of (-)20%.This is the eighth time since the inception of <span class="hiddenSpellError">GST</span> in July 2017 that monthly collection has crossed the mark of Rs one lakh crore. Also, November 2019 collection is the third highest monthly collection since introduction of <span class="hiddenSpellError">GST</span>, next only to April 2019 and March <span class="hiddenSpellError">2019 collections</span>.</span></p>
<p>The post <a href="https://newsmantra.in/gst/">Rs 1,03,492 crore gross GST revenue collected in the month of November, 2019</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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