Finance Ministry releases
GST figures for the month of December, upto 25th; Registers total collection of
Rs. 80,808 Cr comprising of Rs. 13,089 Cr from CGST, Rs. 18,650 Cr from
SGST, Rs. 41,270 from IGST and Rs. 7,798 Cr from Compensation Cess; Rs. 10,348
Cr is being transferred from IGST to CGST account, while Rs. 14,488 Cr to SGST
account by way of settlement of funds, towards cross utilization of IGST credit
for payment of CGST and SGST respectively, or due to inter-state B2C
transactions; Thus, total collection of CGST and SGST for December is Rs 23,437
Cr and Rs. 33,138 Cr respectively including transfers by way of settlement,
states the Ministry; On the registrations front, records 99.01 lakh taxpayers
till said date, of which 16.60 lakh are composition dealers required to file
quarterly returns; 53.06 lakh returns have been filed for November, till
December 25 : Finance Ministry Press Release
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