The gross GST income collected within the month of May 2021 is Rs 1,02,709 crore. This contains CGST of Rs 17,592 crore, SGST is Rs 22,653, IGST is Rs 53,199 crore, together with Rs 26,002 crore collected on import of products, and Cess is Rs 9,265 crore, with Rs 868 crore collected on import of products.
The above determine contains GST assortment from home transactions until 4th of June since taxpayers got numerous reduction measures within the type of waiver/discount in curiosity on delayed return submitting for 15 days for the return submitting month May’21 within the wake of covid pandemic second wave.
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Throughout this month the federal government has settled Rs 15,014 crore to CGST and Rs 11,653 crore to SGST from IGST as common settlem...