Finmin sees dip in February GST collections, musters up Rs. 85,174 Cr; 69% returns filed

Govt. collects Rs. 85,174 crore GST revenue in February 2018 (upto March 26); Out of total revenue, Rs. 14,945 crore has been collected as CGST, Rs. 20,456 crore as SGST, Rs. 42,456 crores as IGST and Compensation Cess of Rs. 7,317 crore; Total amount of Rs. 25,564 crore (Rs 12,140 crore towards CGST and Rs 13,424 crore towards SGST) is being transferred from IGST to CGST/SGST account by way of settlement; On returns front, 59.51 lakh GSTR-3B have been filed for the month of ...