New delhi date. Monday, February 1, 2021
Finance Minister Nirmala Sitharaman is scheduled to present the country's budget on February 1, i.e. today. There is good news for the economy before the budget is presented. The Finance Minister said that GST collection of Rs 1,19,847 lakh crore has been made till 6 pm on Sunday, January 2021. This month, the revenue collection is 8% higher than last year's GST collection.
This is the gross GST revenue in January 2021
Gross GST revenue in January 2021 is Rs 119847 crore out of which CGST is Rs 21,923 crore, SGST is Rs 29,014 crore, IGST is Rs 60,288 crore and cess is Rs 8622 crore. While the total number of file GSTR-3B returns till December 31, 2021 is 90 lakh. In the month of January 2021, the Central and State Governments received a total revenue of Rs 46,454 crore for CGST and Rs 48,385 crore for SGST after regular settlement.
Notably, GST collection has been steadily rising over the last few months. According to experts, this is a sign that the economy is recovering rapidly. GST collection has exceeded Rs 1 lakh crore in the last 4 months.
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