The GST (Goods an Services Tax) collection for the month of December 2017 came at Rs 86,703 crore, government data showed on Thursday.The figures will provide some relief to the government as the revenue mop-up from GST had dipped to its lowest of Rs 80,808 crore, in November. However, it is still well below the more than Rs 92,000 crore the government earned in September.
The December figures are based on collections made till January 24. A total of 1 crore taxpayers have been registered under GST till January 24, of which 17.11 lakh are composition dealers who are required to file returns every quarter.
The GST (Goods an Services Tax) collection for the month of December 2017 came at Rs 86,703 crore, government data showed on Thursday.The figures will provide some relief to the government as the revenue mop-up from GST had dipped to its lowest of Rs 80,808 crore, in November. However, it is still well below the more than Rs 92,000 crore the government earned in September.
The December figures are based on collections made till January 24. A total of 1 crore taxpayers have been registered under GST till January 24, of which 17.11 lakh are composition dealers who are required to file returns every quarter.