GST recovery The GST collection figures for December of 2019

2019 gave the biggest gift on the go, huge jump in GST recovery The GST collection figures for December of 2019 have arrived.

1,03,184 crore has been collected in December. This is indicating the resumption of the economy's bounce back.

The GST collection figures for december of 2019

The GST collection figures for December of 2019 have arrived. 1,03,184 crore has been collected in December. this can be indicating the commencement of the economy's make a come back. Central GST was Rs 19,926 crore, State GST was Rs 26,792 crore, inter-state GST was Rs 48,099 crore. While 81.21 lakh individuals crammed GST come form 3B from November to December.

This collection of GST has exaggerated by 16 pf over Dec last year. 94,729 crore was received in December last year. This point in December, most states contributed well to increasing the GST collection. If you analyze the information for the month of December, the very best GST is returning from Karnataka in step with the amount, Rs 6886 crore, Gujarat is that second wherever GST of Rs 6621 crore has been collected.

The third is a state, from wherever a collection of 6422 crores is being done. After this, the number of Uttar Pradesh is from wherever GST collection of Rs 5489 crore is being done, Haryana range is on the fifth wherever GST of Rs 5365 crore is being received.


If you examine the states with rock bottom amount, GST of Rs 1 crore was collected from Lakshadweep in Gregorian calendar month, 21 large integers from Mizoram, 30 crores from Andaman and Nicobar, Rs 31 crore from Nagaland and Rs 44 large integer from Manipur and from Tripura. 59 crores are coming back.

But if you examine the percentage figures of 2019 and 2018 within the same month i.e. December, then Arunachal Pradesh has the very best collection of 124%, 880 yards growth in GST collection from Nagaland and 64th a lot of GST than Manipur. At an equivalent time, Lakshadweep is in minus growth i.e.- 78%, Jharkhand this time is in minus in step with growth, there was a collection of -3%.

Talking regarding Jammu and Kashmir, GST of Rs 409 crore came in December this point, which is 400th over last time. in step with the CBIC (Central Board of Direct Taxes and Customs), an interstate GST refund of Rs one.12 crore has been given to 83,500 exporters. only a few refunds are unfinished for him, that is in Risky's series.

GST expert and practitioner Abhishek Rustagi says, "It could be a massive thing to cross the 1 lakh crore mark in a single month, it shows that a lot of days of sluggishness area unit coming to a finish, refunds are being given to those smart The thing is, there's a lot of sales within the automobile sector within the month of December, its effect is visible thereon. Demand within the economy is returning and by the coming March, all signs of a decent economy are on the upside once more.