Goods and Service Tax collections in October stood at Rs 1,05,155 crore, going over Rs 1 lakh crore for the first time since February, the Union finance ministry on Sunday.
The total number of GSTR-3B returns filed till October 31 is Rs 80 lakh. Of the gross GST revenue, collated in the month of October 2020, Rs 19,193 crore is Central Goods and Services Tax, and Rs 5,411 crore is State Goods and Services Tax, and Rs 52,540 crore is Integrated Goods and Services Tax, and Cess is Rs 8,011 crore (including Rs 932 crore collected on import of goods).
Revenue for October is 10% higher than Rs 95,379 crore collected in October last year.
“The government has settled Rs 25,091 crore to CGST and Rs 19,427 crore to SGST from IGST as regular settlement,” a statement said. “The total revenue earned by Central government and the state governments after regular settlement in the…