GST Collections on the Rise, Crosses 96K crs
Mark in July 2018
[PIB Delhi Press Release dated 10th August 2018]
The month-wise details of Central Goods and Services Tax (CGST),
State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST)
and Cess collected by the Government till 31st July,
2018 are as under:
|
|
(In Rs.
Crore) |
|
Month |
GST
collection |
|
Jul’17 |
21,572 |
|
Aug’17 |
95,633 |
|
Sep’17 |
94,064 |
|
Oct’17 |
93,333 |
|
Nov’17 |
83,780 |
|
Dec’17 |
84,314 |
|
Jan’18 |
89,825 |
|
Feb’18 |
85,962 |
|
Mar’18 |
92,167 |
|
Apr’18 |
1,03,459 |
|
May'18 |
94,016 |
|
Jun'18 |
95,610 |
|
Jul’18 |
96,483 |
|
Total |
11,30,217 |
In the absence of any past precedent, it shall be difficult to
compare the GST revenue collection with the corresponding months of the
previous years due to a number of factors like overlap of taxpayers
pre and post introduction of GST, variation in exemption limits between Centre
and States and among States and mechanism of apportionment of fund under IGST.
GST collection has been shown upward trend since April, 2018.
The Government is taking various steps to check evasion as well
as educate the taxpayers about the new tax regime and encouraging voluntary
compliance. The steps which are being taken include introduction of e-way bill,
simplification of procedure for filing tax returns, capturing invoice details
so that the same could be matched with credit taken and verification of
transition credit availed by tax payers.
The Anti-Profiteering mechanism under GST consists of National
Anti-Profiteering Authority (NAA), Directorate General of Anti-Profiteering
(DGAP), Standing Committee at the National level and
State level Screening Committees.
The NAA had monitoring meetings at Chandigarh, Chennai and
Mumbai for zonal awareness. These Committees initially examine the complaints
alleging profiteering and refer to the DGAP which investigates and sends its
report to the NAA. NAA finally passes adjudication order thereon.
NAA website is functional since last four months. This site
provides facility of making and tracking complaints online.
This was stated by Shiv Pratap Shukla,
Minister of State for Finance in a Written reply to a
question in Lok Sabha on 10 August.