Lok Sabha Question No. 54 (UNSTARRED), answered on 2020-09-14
Subject: GST Collections from Companies/ Corporates
Ministry: FINANCE
Asked by: P.R. Natarajan

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION NO- 54

TO BE ANSWERED ON MONDAY, 14 th  SEPTEMBER, 2020/BHADRAPADA 23, 1942 (SAKA)

## GST Collections from Companies/Corporates

## 54. SHRI NATARAJAN P.R.:

Will the Minister of FINANCE be pleased to state:

- (a) whether the collection of revenue under the Goods and Services Tax (GST) is achieved as estimated at the time of its inception;
- (b) if so, the details of estimated demand, collection and balance (DCB) as on date;
- (c) whether there are any arrears of GST collection from any of the companies/corporates as on date and if so, the details thereof; company and corporate-wise;
- (d)  the  details  of  refund  of  cess  compensation  paid  to  the  State  Governments  and balance pending during each of the past three years including current year; yearwise and state-wise; and
- (e) whether any timeline has been fixed for the clearance of pending payments to the States and the continuance and if so, the details thereof?

## ANSWER THE MINISTER OF STATE IN MINISTRY OF FINANCE

## (SHRI ANURAG SINGH THAKUR)

- (a) & (b) The details of Goods & Services Tax (GST) revenue collection and Target (RE/BE) during FY 2017-18, FY 2018-19, FY 2019-20 and FY 2020-21 (April-August) as per Pr.CCA flash figure are tabulated in Annexure I .
- (c)  During  the  COVID  induced  lockdown  to  avoid  any  inconvenience  to  the  taxpayers, Government has extended several relief measures to the taxpayers by way of waiver/reduction of interest, late fee and also extended the return filing dates periodically. It may also be noted that the taxpayers with turnover less than Rs. 5 crore continue to enjoy relaxation in filing of returns till September, 2020.
- (d) & (e): The details of GST compensation cess collected and compensation released to States is as follows: -

(Figures in Rs. Crore)

|                             | 2017-18   | 2018-19   | 2019-20                | 2020-21              |
|-----------------------------|-----------|-----------|------------------------|----------------------|
| Compensation Cess collected | 62,612    | 95,081    | 95,444                 | 21355 (till July'20) |
| Compensation released *     | 41,146    | 69,275    | 1,20,498 (till Nov'19) | 65,546 (till Mar'20) |

GST compensation cess collected in current FY 2020-21 is not sufficient to pay the admissible GST compensation for period April-July, 2020.

Accordingly, to discuss the issue of pending GST compensation and future course of action  to  meet  the  GST  compensation  shortfall  has  been  discussed  in  41st  GST  Council meeting  on  27.08.2020  wherein  States  were  given  two  options  to  meet  their  GST compensation  shortfall  for  current  FY  from  market  borrowing.  Based  upon  the  options exercised by the States, their compensation, borrowing, repayment etc. will be dealt as per their individual choice.

*****

GST Collection since inception

ANNEXURE I

(Rs. In crore)

| Tax Head              | 2017-18               | 2017-18   | 2018-19               | 2018-19   | 2019-20               | 2019-20   | 2020-21              | 2020-21                             |
|-----------------------|-----------------------|-----------|-----------------------|-----------|-----------------------|-----------|----------------------|-------------------------------------|
| Tax Head              | Revised Estimate (RE) | Actual    | Revised Estimate (RE) | Actual    | Revised Estimate (RE) | Actual    | Budget Estimate (BE) | Actual[April- August] (Provisional) |
| CGST                  | 221400                | 203261    | 503900                | 457534    | 514000                | 494070    | 580000               | 125308                              |
| IGST                  | 161900                | 176688    | 50000                 | 28945     | -                     | 9204      | -                    | 27580                               |
| GST Compensation Cess | 61331                 | 62612     | 90000                 | 95081     | 98327                 | 95551     | 110500               | 28163                               |
| Net Collection        | 444631                | 442561    | 643900                | 581559    | 612327                | 598825    | 690500               | 181051                              |

Source: Receipts Budget, PrCCA, CBIC

## Details of GST Compensation

| S.No   | Nameof State/UT   | GST Compensation released for FY 2017-18   | GST Compensation released for FY 2018-19   | GST Compensation released for FY 2019-20   | GST Compensation due for FY 2020-21 (Apr- July)   |
|--------|-------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|---------------------------------------------------|
| (1)    | (2)               | (3)                                        | (4)                                        | (5)                                        | (6)                                               |
| 1      | Andhra Pradesh    | 382                                        | 0                                          | 3028                                       | 4627                                              |
| 2      | Arunachal Pradesh | 15                                         | 0                                          | 0                                          | 0                                                 |
| 3      | Assam             | 980.39                                     | 455                                        | 1284                                       | 2149                                              |
| 4      | Bihar             | 3140                                       | 2798                                       | 5464                                       | 4493                                              |
| 5      | Chattisgarh       | 1589                                       | 2592                                       | 4521                                       | 2827                                              |
| 6      | Delhi             | 326                                        | 5185                                       | 8424                                       | 6931                                              |
| 7      | Goa               | 281                                        | 502                                        | 1093                                       | 987                                               |
| 8      | Gujarat           | 4277                                       | 7227                                       | 14801                                      | 11563                                             |
| 9      | Haryana           | 1461                                       | 3916                                       | 6617                                       | 5841                                              |
| 10     | Himachal Pradesh  | 1059                                       | 1935                                       | 2477                                       | 1623                                              |
| 11     | J&K               | 1160                                       | 1667                                       | 3281                                       | 2104                                              |
| 12     | Jharkhand         | 1368                                       | 1098                                       | 2219                                       | 2475                                              |
| 13     | Karnataka         | 7669.59                                    | 12465.14                                   | 18628                                      | 13763                                             |
| 14     | Kerala            | 2102                                       | 3532                                       | 8111                                       | 7077                                              |
| 15     | Madhya Pradesh    | 2668                                       | 3302                                       | 6538                                       | 5863                                              |
| 16     | Maharashtra       | 3077                                       | 9363                                       | 19233                                      | 22485                                             |
| 17     | Manipur           | 24                                         | 0                                          | 0                                          | 53                                                |
| 18     | Meghalaya         | 140                                        | 66                                         | 157                                        | 255                                               |
| 19     | Mizoram           | 0                                          | 0                                          | 0                                          | 6                                                 |
| 20     | Nagaland          | 0                                          | 0                                          | 0                                          | 27                                                |
| 21     | Odisha            | 2348.08                                    | 3785                                       | 5122                                       | 3633                                              |
| 22     | Puducherry        | 387.29                                     | 681                                        | 1057                                       | 564                                               |
| 23     | Punjab            | 5108.94                                    | 8985.06                                    | 12187                                      | 6959                                              |
| 24     | Rajasthan         | 2899                                       | 2280                                       | 6710                                       | 6312                                              |
| 25     | Sikkim            | 6                                          | 0                                          | 0                                          | 69                                                |
| 26     | Tamil Nadu        | 1018                                       | 4824                                       | 12305                                      | 11269                                             |
| 27     | Telangana         | 169                                        | 0                                          | 3054                                       | 5424                                              |
| 28     | Tripura           | 149                                        | 172                                        | 293                                        | 259                                               |
| 29     | Uttar Pradesh     | 2432                                       | 0                                          | 9123                                       | 11742                                             |
| 30     | Uttarakhand       | 1432                                       | 2442                                       | 3375                                       | 2235                                              |
| 31     | West Bengal       | 1608                                       | 2615                                       | 6200                                       | 7750                                              |
|        | Total             | 49276.29                                   | 81887.20                                   | 165302.00                                  | 151365.00                                         |

(Rs. in crore)