GST Revenue Collection Rs 86,703 cr in December | CORPORATE ETHOS

GST Revenue Collection Rs 86,703 cr in December

By: | January 26, 2018
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The GST revenue collection for the month of December 2017 was Rs 86,703 cr (as on 24th January, 2018). One crore tax payers have registered under GST of which 17.11 lakh are composition dealers who are required to file returns every quarter.

According to Finance Ministry, 56.30 lakh GSTR 3B Returns have been filed for the month of December, 2017 till 24th January, 2018.

For the Composition​​Dealers, for quarter July-September 2017, the last date of Filing GSTR​ ​4 Return was 24th December, 2017. A total of 8.10 lakh returns were filed by the Composition Dealers paying a total of Rs.335.86 crore as GST.

For the quarter October-December 2017, the​ last d​ate for filing GSTR 4 return was 18th January, 2018. A total of 9.25 lakh returns were filed by the Composition Dealers for this quarter paying a sum of Rs. 421.35 crores as GST.

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