GST Collections for June 2020 Lower Than That in Last Year

The collection of Goods and Services Tax (GST) for June 2020 has seen a downfall as compared to that in June 2019. The GST collected for June, amounted to ₹ 90,917 crore (CGST- ₹ 18,980 crore SGST- ₹ 23,970 crore IGST- ₹ 40,302 crore Cess- ₹ 7,665 crore)the departments have already settled ₹ 13,325 crore to CGST and ₹ 11,117 crore to SGST from IGST collections. The total revenue of the State and the Central government is ₹ 32,305 crore for the CGST and ₹ 35,087 crore for the SGST.

The Ministry of Finance issued a notification that read, “The revenues for the month are 91% of the GST revenues in the same month last year. During the month, the revenues from import of goods were 71%and the revenues from domestic transaction (including import of services) were 97% of the revenues from these sources during the same month last year. During the month of June, returns of February, March, and April 2020 have also been filed in addition to some returns of May 2020 since Government has allowed a relaxed time schedule for filing of GST returns Get to know the online procedure of filing GST return in India. Also, we provide each and every GST form according to the taxpayers’ category. Read more . Some returns of May 2020, which would have otherwise got filed in June 2020, will get filed during the first few days of July 2020.”

The outbreak of coronavirus is still impacting the revenue collections of the government. All the relaxations provided by the government to support the taxpayers has also affected the collections. However, the collections of the month has shown an increase as compared to that in the preceding months. The department is still waiting for several taxpayers to file the return. The notification also read, “The GST collections for the month of April In India, the COVID-19 pandemic has adversely affected the Goods and Service Tax collection. GST collection for the month of March and April have considerably. Read more was ₹ 32,294 crore which was 28% of the revenue collected during the same month last year and the GST collections for the month of May was ₹ 62,009 crore which was 62%of the revenue collected during the same month last year. The GST collections for the first quarter of the year is 59%of the revenue collected during the same quarter last year. However, a large number of taxpayers still have time to file their return for the month of May, 2020″

GST Collections in Top 10 States

Sr. No.	States	June 2019 (₹)	June 2020 (₹)	Year Growth 2020 (%)
1	Maharashtra	15,143	14,987	-1
2	Karnataka	6,659	6,710	1
3	Gujarat	6,424	6,025	-6
4	Tamil Nadu	5,881	4,976	-15
5	Uttar Pradesh	5,366	5,194	-3
6	Haryana	4,889	3,697	-24
7	Delhi	3,595	3,249	-10
8	West Bengal	3,514	3,128	-11
9	Telangana	3,166	3,276	3
10	Odisha	2,923	2,694	-8

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