Government collects record Rs 92,849 crore as Gross GST revenue in June 2021

Business

Despite the second wave of COVID the Government has achieved commendable gross GST revenue collection amounting to Rs 92,849 in June and out of this amount CGST collection stood at Rs 16,424 crore while total SGST collection has been Rs 20,397 crore, while IGST collection has been Rs 49,079 crore and Cess amount has been Rs 6,949 crore.

The record GST collection has been achieved even when the taxpayers were given various relaxations in the form of waiver and reduction in interest on 15 days delay in return filing.

The revenue for the month of June is two per cent higher than the GST revenue collected last year in the same month. Meanwhile, during this period, the government as part of its regular settlement, has settled Rs 16,939 crore to SGST and Rs 19, 286 crore to CGST from IGST.

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