{"id":26172,"date":"2018-03-28T11:04:05","date_gmt":"2018-03-28T11:04:05","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=26172"},"modified":"2018-03-28T11:04:05","modified_gmt":"2018-03-28T11:04:05","slug":"gst-collection-falls-to-rs-85174-cr-in-feb","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/gst-collection-falls-to-rs-85174-cr-in-feb\/","title":{"rendered":"GST collection falls to Rs 85,174 cr in Feb"},"content":{"rendered":"<p style=\"margin: 0em 0em 0em 0em; padding: 0em;\">New Delhi,<\/p>\n<p><span class=\"storyText\">GST collection slid for the second straight month to Rs 85,174 crore in February as only 69% of the assessees filed returns.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">Around 59.51 lakh GSTR 3B returns were filed for the month of February till March 25. This is 69% of total taxpayers who are required to file monthly returns, the Finance Ministry said on Tuesday.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">\u201cThe total revenue received under GST for the month of February 2018 (received up to March 26) has been Rs 85,174 crore,\u201d it said.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">The collection in January was Rs 86,318 crore while in December and November it was Rs 88,929 crore and Rs 83,716 crore, respectively.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">Of the Rs 85,174 crore collected as GST for the month of February, Rs 14,945 crore has been garnered as Central GST and Rs 20,456 crore as State GST. Besides, Rs 42,456 crore has been collected as Integrated GST and Rs 7,317 crore as compensation cess.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">A total amount of Rs 25,564 crore is being transferred from IGST to CGST\/SGST account by way of settlement.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">\u201cThus, the total collection of CGST and SGST up to March 26 (for February) is Rs 27,085 crore and Rs 33,880 crore, respectively, including transfers by way of settlement,\u201d the statement added.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">Till March 25, 1.05 crore taxpayers have been registered under GST. Of these, 18.17 lakh are composition dealers which are required to file returns every quarter and the rest of 86.37 lakh taxpayers are required to file monthly returns.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"storyText\">According to a Finance Ministry reply to the Lok Sabha, GST collection was Rs 93,590 crore in July, Rs 93,029 crore in August, Rs 95,132 crore in September and Rs 85,931 crore in October. <\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>New Delhi, GST collection slid for the second straight month to Rs 85,174 crore in February as only 69% of the assessees filed returns. &nbsp; Around 59.51 lakh GSTR 3B returns were filed for the month of February till March 25. This is 69% of total taxpayers who are required to file monthly returns, the [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":26173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-26172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/26172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=26172"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/26172\/revisions"}],"predecessor-version":[{"id":26174,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/26172\/revisions\/26174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/26173"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=26172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=26172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=26172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}