GST collections rise to Rs 95,610 crore in June: Hasmukh Adhia
New Delhi, July 1 : Revenue collection under the Goods and Services Tax (GST) in June crossed Rs 95,000 crore and was higher than the average monthly collection of Rs 89,885 crore during 2017-18, the government said on Sunday.
The June GST collection at Rs 95,610 crore exceeded the previous month's revenue of Rs 94,016 crore, Finance Secretary Hasmukh Adhia announced at an event here to mark the first anniversary of the roll out of India's new indirect tax regime.
"The June GST figure of Rs 95,610 crore represents an increase of Rs 1,600 crore in collections between May and June and is further proof of stabilising of the new tax regime.
"The April GST collection of Rs 1,03,000 crore was because of the March (financial year-end) effect. Otherwise average monthly collection for the last fiscal was Rs 89,885 crore," he said.
The Secretary said last month that the number of returns filed for April had also gone up to 62.46 lakh, as against 60.47 lakh filed for March, and that the higher April collections also reflected better compliance after introduction of e-way bills for transportation of goods.
In a video address shown at the event, Finance Minister Arun Jaitley said that a most significant aspect of GST was the increase in collections in the last fiscal by 11.9 per cent over the revenue collection during the pre-GST regime.
"There is an increase in tax buoyancy of 1.2 per cent, which was unknown previously," he said.
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India beat SA by 135 runs in 4th T20I, clinch series 3-1
Johannesburg, Nov 15: India beat South Africa by 135 runs in the fourth and final T20 International to clinch series 3-1 here on Friday.
Opting to bat, India posted a massive 283 for 1, thanks to unbeaten centuries from Tilak Varma (120 not out off 47 balls) and Sanju Samson (109 not out off 56 balls), and then bowled South Africa out for 148 in 18.2 overs.
Tristan Stubbs top-scored for South Africa with 46 while David Miller contributed 36.
For India, pacer Arshdeep Singh was the most successful bowler with figures of 3/20 while Varun Chakravarthy (2/42) and Axar Patel (2/6) got two wickets each.
Hardik Pandya, Ramandeep Singh and Ravi Bishnoi got a wicket each.
Brief Scores:
India: 283 for 1 in 20 overs (Sanju Samson 109 not out, Tilak Varma 120 not out; Lutho Sipamla 1/58).
South Africa: 148 all out in 18.2 overs (Tristan Stubbs 46, David Miller 36; Arshdeep Singh 3/20).
