GST collection rises to Rs 96,483 crore
New Delhi, Aug 1 : Revenue collection under the Goods and Services Tax (GST) crossed the Rs 95,000 crore mark in July for the second month in a row and stood at Rs 96,483 crore, the government said on Wednesday.
The government said the revenue was broadly on expected lines and that Rs 3,899 crore was released to the states as GST compensation for the months of April and May.
The GST revenue collected till July 31 was for the month of June and it was significantly higher than the average monthly collection of Rs 89,885 crore during 2017-18. It was also higher than Rs 95,610 crore collected in June (for the month of May).
The government said in a statement that out of the total GST collection, Rs 15,877 crore was collected as Central-GST (CGST), Rs 22,293 crore as state-GST (SGST), and Rs 49,951 crore as integrated-GST (IGST) which included Rs 24,852 crore collected on imports. Additionally, Rs 8,362 crore was collected as cess.
The total number of GST returns filed till July 31 was 66 lakh compared to 64.69 lakh returns filed in the previous month, it added.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
