GST Gross Revenue Collection | July 2020
Ministry of Finance has released the data of gross GST revenue collection for the month of July on 1st August. The gross GST revenue collected in the month of July, 2020 is ₹ 87,422 crore of which CGST is ₹ 16,147 crore , SGST is ₹ 21,418 crore , IGST is ₹ 42,592 crore (including ₹ 20,324 crore collected on import of goods) and Cess is ₹7,265 crore (including ₹ 807 crore collected on import of goods). The government has settled ₹ 23,320 crore to CGST and ₹ 18,838 crore 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 July,2020 is ₹ 39,467 crore for CGST and ₹ 40,256 crore for the SGST. The revenues for the month are 86 % of the GST revenues in the same month last year. During the month, the revenues from im...