GST collection drops to Rs 97,637 cr in November
New Delhi, Dec 1: Goods and Services (GST) collection in November dropped to Rs 97,637 crore, lower than Rs 1 lakh crore collected previous month.
The total number of GSTR 3B returns filed for October up to November 30, 2018, is 69.6 lakh, the finance ministry said in a statement. Compensation released to states for August-September stood at Rs 11,922 crore.
Of the Rs 97,637 crore collected, central GST (CGST) collection is Rs 16,812 crore, state GST (SGST) is Rs 23,070 crore, integrated GST (IGST) is Rs 49,726 crore (including Rs 24,133 crore collected on imports) and cess is Rs 8,031 crore (including Rs 842 crore collected on imports).
The government has settled Rs 18,262 crore to CGST and Rs 15,704 crore to SGST from IGST as regular settlement.
The total revenue earned by central government and the state governments after regular settlement in November 2018 is Rs 35,073 crore for CGST and Rs 38,774 crore for SGST, the ministry added.
The GST collections stood at Rs 1.03 lakh crore in April, Rs 94,016 crore in May, Rs 95,610 crore in June, Rs 96,483 crore in July, Rs 93,960 crore in August, Rs 94,442 crore in September and Rs 1,00,710 crore in October.
Commenting of the number, EY Tax Partner Abhishek Jain said, While the GST collections have shrinked vis-a-vis the earlier month, it is higher than the average monthly collection in the year. This steady increase in average collection brings a gleam of hope for a regular monthly collection of Rs 1 lakh crore being met soon .
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Whoever wins heart of Gandhi family in Congress will become CM: Basavaraj Bommai
Gadag: In Congress, whoever wins the hearts of Sonia Gandhi, Rahul Gandhi, and Priyanka Gandhi will become the Chief Minister. This is a shame for the democratic system, said former Chief Minister and MP Basavaraj Bommai.
Speaking to the media in Gadag, he said there is a clash among leaders due to excessive desire for power. Cabinet ministers are trying to retain their positions. Some leaders are demanding ministerial posts saying they have won elections multiple times, while newcomers are also seeking ministerial positions. He added that the Chief Minister is trying to retain his position.
Bommai said Mallikarjun Kharge is a senior leader and feels he should have been given the Chief Minister post fairly.
He further said that Siddaramaiah and DK Shivakumar function as the high command, referring to Rahul Gandhi and Sonia Gandhi, and added that Congress is a family-based party. He reiterated that whoever wins the support of Rahul Gandhi, Sonia Gandhi, and Priyanka Gandhi becomes the Chief Minister, calling it a shame for the democratic system and alleging that the party has weakened internal democracy.
Responding to a question about allegations that officials in the government are not working, he said, “The people who made them are angry. The Congress has cheated the people who elected them. The government is completely at a standstill. No work has been done. About Rs 14,000 crores provided in Siddaramaiah's last budget have not been used. About Rs 10,000 crores were not used in the year before that either. How will the officials work if there is political conflict? If the CM says one thing and the DCM says another, this government has completely come to a standstill in the eyes of the people.”
