GST collection in the month of December was Rs86,703cr
Of the Rs86,318cr collected in January 2018, Rs14,233cr have been collected under Centre GST (CGST), Rs19,961cr under State GST (SGST), Rs43,794cr under Integrated GST (IGST) and Rs8,331cr under Compensation cess. The ministry further said that Rs11,327cr is being transferred from IGST to CGST account, and Rs13,479cr to SGST account by way of settlement of funds on account of cross utilisation of IGST credit for payment of CGST and SGST respectively or due to inter State B2C transactions. A total amount of Rs24,806cr is being transferred from IGST to CGST/SGST account by way of settlement.
0 comments:
Post a Comment