GST Revenue collection for July, 2019

₹ 1,02,083 crore total gross GST revenue collected

The total gross GST revenue collected in the month of July, 2019 is ₹ 1,02,083 crore of which CGST is ₹ 17,912 crore, SGST is ₹ 25,008 crore, IGST is ₹ 50,612 crore (including ₹ 24,246 crore collected on imports) and Cess is ₹ 8,551 crore (including ₹797 crore collected on imports). The total number of GSTR 3B Returns filed for the month of June up to 31^st July, 2019 is 75.79 lakh.

The revenue in July, 2018 was ₹ 96,483 crore and the revenue during July, 2019 is a growth of 5.80% over the revenue in the same month last year. During April-July 2019 vis-à-vis 2018, the domestic component has grown by 9.2% while the GST on imports has come down by 0.2% and the total collection has grown by 6.83%. ₹ 17,789 crore has been released to the states as GST compensation for the months of April-May, 2019.

The chart shows trends in revenue during the current year.

GST revenue collection shows year-on-year growth, releases compensation to states, while domestic receipts rise and import-tax collections moderate The release reports component-wise GST revenue for July 2019, notes the aggregate number of GSTR-3B returns filed for June up to July 31, compares July 2019 collections with July 2018 showing year-on-year growth, contrasts domestic component growth with import-related GST for April-July, and records the release of GST compensation to states for specified months.