Govt. garners Rs. 92,283 Cr revenue in first GST month; 38.38 lakh returns filed till date
Ministry of Finance releases revenue figures from first month of GST implementation, which tally to Rs. 92,283 Cr as on August 29 at 10 am; Total CGST revenue stands at Rs. 14,894 Cr, SGST revenue at Rs. 22,722 Cr, while Govt. garners Rs. 47,469 Cr from IGST (imports contribute Rs. 20,964 Cr) and Rs.7,198 crore from Cess (of which Rs. 599 Cr is Compensation Cess from imports); States that 38.38 lakh returns have been filed out of expected total of 59.57 lakhs, which is 64.42%...