GST collection scales all-time high of 1.13 trillion in April


GST revenue mop-up scaled a monthly record high of over Rs 1.13 trillion in April, 2019 an increase of 10 per cent over the collection in the year-ago period, on the back of anti-evasion steps taken by tax officers.
Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh.

April 2019 is the second consecutive month when Goods and Services Tax (GST) collection exceeded Rs 1 trillion. In March, the mop-up was Rs 1.06 trillion. “The total gross GST revenue collected in April 2019 is Rs 1,13,865 crore. The revenue in April 2018 was Rs 1,03,459 crore and the revenue during April 2019 is a growth of 10.05 per cent over the revenue in the same month last year,” a finance ministry statement said.

“The total revenue earned by the central government and state governments after regular and provisional settlement in April 2019 is Rs 47,533 crore for CGST and Rs 50,776 crore for SGST,” the statement added.

Also, collection in April 2019, which is the first month of the current fiscal, has been the highest since introduction of GST on July 1, 2017. Year-on-year comparison of tax collection data gives a better picture of economic activity.