GST revenue collection for April 2019

GST revenue collection for April 2019
Question: The highest GST revenue collection since its implementation is done in which of the following months?
(a) April 2019
(b) March 2019
(c) September 2018
(d) October 2018
Answer: (a)
Related facts:
  • The GST revenue collection of April 2019 recorded highest collection since its implementation.
  • The total gross GST revenue collected in the month of April, 2019 is Rs 1, 13,865 crore.
  • This includes CGST of Rs 21,163 crore, SGST of Rs 28,801 crore and IGST of Rs 54,733 crore (including Rs 23,289 crore collected on imports).
  • Cess of Rs 9,168 crore (including Rs 1,053 crore collected on imports) was also collected in April 2019.
  • The total number of GSTR 3B Returns filed for the month of March up to 30th April, 2019 is 72.13 lakh.
  • The total revenue earned by Central Government and the State Governments after regular and provisional settlement in the month of April, 2019 is Rs 47,533 crore for CGST and Rs 50,776 crore for the SGST.
  • The revenue in April, 2018 was Rs 1, 03,459 crore and the revenue during April, 2019 is a growth of 10.05% over the revenue in the same month last year.
  • The revenue in April, 2019 is 16.05% higher than the monthly average of GST revenue in FY 2018-19 (Rs 98,114 crore).

Links:

https://www.moneycontrol.com/news/business/economy/government-records-10-year-on-year-revenue-growth-in-gst-collection-for-april-3918621.html

http://www.pib.nic.in/PressReleseDetail.aspx?PRID=1571397