Lok Sabha Question No. 952 (UNSTARRED), answered on 2019-02-08
Subject: GST Revenue
Ministry: FINANCE
Asked by: RAVNEET SINGH

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION NO. 952

TO BE ANSWERED ON FRIDAY, THE 08th FEBRUARY, 2019 19, MAGHA 1940, (SAKA)

## GST REVENUE

952. SHRI RAVNEET SINGH:

Will the Minister of FINANCE be pleased to state:

- (a)  whether  there  has  been  a  shortfall  in  terms  of  the  expected  and  actual  GST revenue and if so, the details thereof; and
- (b) the amount expected to be earned by the Government for the current fiscal year?

## ANSWER

## MINISTER OF STATE IN MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

- (a) & (b): Considering present trend in monthly collection of GST revenue the changes in Revised Estimates vis-à-vis Budget Estimates for the FY 2018-19 are as under:

| Goods and Services Tax (GST) (in Rs. Crore)   |   Budget 2018-2019 |   Revised 2018-2019 |
|-----------------------------------------------|--------------------|---------------------|
| CGST                                          |             603900 |              503900 |
| IGST                                          |              50000 |               50000 |
| GST Compensation Cess                         |              90000 |               90000 |
| Total                                         |             743900 |              643900 |

It  is  further  submitted  that  the  month-wise  gross  collection  of  Central  Goods  and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under:

| Month     | GST collection (in Rs. Crore)   | GST collection (in Rs. Crore)   |
|-----------|---------------------------------|---------------------------------|
| Month     | 2017-18                         | 2018-19                         |
| April     | --                              | 1,03,459                        |
| May       | --                              | 94,016                          |
| June      | --                              | 95,610                          |
| July      | --                              | 96,483                          |
| August    | 95,633                          | 93,960                          |
| September | 94,064                          | 94,442                          |
| October   | 93,333                          | 100,710                         |
| November  | 83,780                          | 97,637                          |
| December  | 84,314                          | 94,726                          |
| January   | 89,825                          | 1,02,503                        |
| February  | 85,962                          | --                              |
| March     | 92,167                          | --                              |
| Average   | 89,885                          | 97,555                          |

In view of the above facts, it is clear that the GST collection in the current FY (201819)  has  been  showing  improvement  compared  to  last  FY  (2017-18).  The  average gross collection of GST in the current FY 2018-19 is Rs. 97,555 crores (till January'19) as compared to last year average collection of Rs. 89885 crores.

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