Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :

        ₹ 1,05,155 crore of gross GST revenue collected in the month of October 2020

        November 2, 2020

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        The gross GST revenue collected in the month of October, 2020 is ₹ 1,05,155 crore of which CGST is ₹ 19,193 crore, SGST is ₹ 25,411 crore, IGST is ₹ 52,540 crore (including ₹ 23375 crore collected on import of goods) and Cess is ₹ 8,011crore (including ₹ 932 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of October upto 31st October, 2020 is 80 lakh.

        The government has settled ₹ 25,091 crore to CGST and ₹ 19,427 crore 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 October, 2020 is ₹ 44,285 crore for CGST and ₹ 44,839 crore for the SGST.

        The revenues for the month are 10% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 9% higher and the revenues from domestic transaction (including import of services) are11% higher that the revenues from these sources during the same month last year. The growth in GST revenue as compared to that in months of July, August and September, 2020 of -14%, -8% and 5% respectively clearly shows the trajectory of recovery of the economy and, correspondingly, of the revenues.

        The chart shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of October, 2020 as compared to October, 2019 and for the full year.

         

        Table: State-wise GST collection for April 2020

        State

        Oct-19

        Oct-20

        Growth

        Jammu and Kashmir

        313

        377

        21%

        Himachal Pradesh

        669

        691

        3%

        Punjab

        1,189

        1,376

        16%

        Chandigarh

        157

        152

        -3%

        Uttarakhand

        1,153

        1,272

        10%

        Haryana

        4,578

        5,433

        19%

        Delhi

        3,484

        3,211

        -8%

        Rajasthan

        2,425

        2,966

        22%

        Uttar Pradesh

        5,103

        5,471

        7%

        Bihar

        940

        1,010

        7%

        Sikkim

        186

        177

        -5%

        Arunachal Pradesh

        41

        98

        138%

        Nagaland

        25

        30

        20%

        Manipur

        43

        43

        0%

        Mizoram

        18

        32

        72%

        Tripura

        54

        57

        5%

        Meghalaya

        113

        117

        4%

        Assam

        888

        1,017

        14%

        West Bengal

        3,263

        3,738

        15%

        Jharkhand

        1,437

        1,771

        23%

        Odisha

        1,994

        2,419

        21%

        Chattisgarh

        1,570

        1,974

        26%

        Madhya Pradesh

        2,053

        2,403

        17%

        Gujarat

        5,888

        6,787

        15%

        Daman and Diu

        83

        7

        -91%

        Dadra and Nagar Haveli

        130

        283

        118%

        Maharastra

        15,109

        15,799

        5%

        Karnataka

        6,675

        6,998

        5%

        Goa

        311

        310

        0%

        Lakshadweep

        2

        1

        -55%

        Kerala

        1,549

        1,665

        7%

        Tamil Nadu

        6,109

        6,901

        13%

        Puducherry

        146

        161

        10%

        Andaman and Nicobar Islands

        32

        19

        -42%

        Telangana

        3,230

        3,383

        5%

        Andhra Pradesh

        1,975

        2,480

        26%

        Ladakh

        0

        15

         

        Other Territory

        127

        91

        -28%

        Center Jurisdiction

        97

        114

        17%

        Grand Total

        73,159

        80,848

        11%

         

        GST revenue growth signals recovery; central and state shares increased after IGST settlement in the month. The press release reports gross GST revenue collected in October 2020, itemised by CGST, SGST, IGST and Cess, notes the number of GSTR 3B returns filed, and records amounts settled from IGST to CGST and SGST with resultant net receipts to centre and states. It compares year on year and month on month growth, disaggregates import and domestic transaction contributions, and provides state wise collection figures and growth rates.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                GST revenue growth signals recovery; central and state shares increased after IGST settlement in the month.

                                The press release reports gross GST revenue collected in October 2020, itemised by CGST, SGST, IGST and Cess, notes the number of GSTR 3B returns filed, and records amounts settled from IGST to CGST and SGST with resultant net receipts to centre and states. It compares year on year and month on month growth, disaggregates import and domestic transaction contributions, and provides state wise collection figures and growth rates.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found