Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

₹ 91,916 cr Total Gross GST Revenue collected in the month of September, 2019, says Finance Ministry

The total gross GST revenue collected in the month of September, 2019 is ₹ 91,916 crore of which CGST is ₹ 16,630 crore, SGST is ₹ 22,598 crore, IGST is ₹ 45,069 crore (including ₹ 22,097 crores collected on imports) and Cess is ₹7,620 crores (including ₹ 728 crores collected on imports). The total number of GSTR 3B Returns filed for the month of August up to 30th September, 2019 is 75.94lakh.

he government has settled ₹ 21,131 crores to CGST and ₹ 15,121 crores to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of September 2019 is ₹ 37,761 crores for CGST and ₹ 37,719 crores for the SGST.

The revenue during September, 2019 is declined by 2.67% in comparison to the revenue during September, 2018. During April-September, 2019 vis-à-vis 2018, the domestic component has grown by 7.82% while the GST on imports has shown negative growth and the total collection has grown by 4.90%.

Read more at: https://www.taxscan.in/%e2%82%b9-91916-cr-total-gross-gst-revenue-collected-month-september-2019-finance-ministry/38305/

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