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GST Collection: Government’s earnings in June equal to total earnings of April and May

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  • GST collection is more than 90 thousand crores rupees in June
  • 94 thousand crore rupees was collected in the last two months
  • new Delhi. The statistics during Unlock 1 (Unlock 1.0) have started coming in. GST collection data has come out after data from core industries and manufacturing sector. This time the government’s earnings have been three times more than in April and much more than in May. According to experts, economic activities have started in Unlock 1. Due to which the purchasing power of the people of the country also increased and increasing demand also led to the purchase, on which the government has paid GST. Let us also tell you what kind of data the government has presented.Relief in manufacturing sector after Core Industries, decline still persistsAccording to the data released by the government , the GST collection in June has been seen as Rs 90917 crore. This earning is equal to the total GST collections in April and May. The GST collection was seen at Rs 32294 crore in April and Rs 6,2009 crore in May. By the way, compared to June last year, the GST collection has come down by 9% in this month. The GST collection in the first quarter of the year has been 59% compared to the previous year. This is not the first time GST collection figures have been released during the corona virus. Were not released before.

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    In which item Miktana Collection
    GST Collection in June: Rs 90,917 crore
    Central GST: Rs 18,980 crore
    State GST: Rs 23,970 crore
    Integrated GST: Rs 40,302 crore
    Cess: Rs 7,665 crore
    Regular Settlement CGST: Rs 13,325 crore
    Revenue to Center: Rs 32,305 crore
    Regular Settlement SGST: Rs 11,117 Crore
    Revenue to States: Rs 35087 Crore

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    Revenue Affected by
    Corona Virus The revenue of the government has been badly affected in this financial year due to Corona virus epidemic. The GST collection was seen at Rs 32294 crore in April. Which was only 28 per cent over the same period last year. While the month of May saw a collection of Rs 6,2009 crore, which was 62 percent compared to May last year.

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    The relief given by the government
    was 91 per cent of the GST collection in June compared to the same month last year, while the government had given relief in filing GST returns. Some returns of February, March and April are filed in June. Similarly, some May returns will be filed in the first few days of July.

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