05 Jan 2019Posted By: Mudit Handa

GST Collection crosses ₹94,000 Crores in December 2018

The nation has indeed attained remarkable success in the introductory year of the GST regime. Once again it has been proved that the Goods & Service Tax policy has enabled our government to achieve the desired level of fiscal consolidation.

The gross total GST revenue collection has reached above ₹94.7 crores in the month of December 2018.

This is indeed a piece of great news for all the taxpayers having GST registration after the government introduced huge reductions in GST rates on various goods & services in the 31st GST council meeting.


#1. How much is the total GST revenue collection in December 2018?

The total GST revenue collection for the month of December 2018 is ₹94,726 crores. Out of this amount,

  • The portion under CGST = ₹16,442 crore,
  • The portion under SGST = ₹22,459 crore,
  • The portion under IGST  = ₹47,936 crore, &
  • Cess of ₹7,888 crore (including ₹838 crores collected on imports).

The amount under IGST also includes a portion of GST collection from imports, which amounts to ₹23,635 crores.


#2. How much has the GST compliance enhanced?

There is no doubt that in recent months, the level of GST compliance and the tax buoyancy has risen significantly.

  • Even those tax assessees who have GST registration under the composition scheme have duly paid GST and have fulfilled the quarterly GST return filing procedure.
  • As a matter of fact, the total number of GSTR-3B Returns filed for the month of November till 31st December 2018 has been 72.44 lakhs.

Given below is the chart showing the comparison in GST revenue during the current fiscal year.


Here, we also see that the GST revenue has twice hit the trillion mark in the months of April & October 2018 respectively.

#3. How will the government utilize this revenue?

The government has disclosed how it will allot this GST revenue collection for various purposes.

  • It has settled ₹18,409 crore to CGST and
  • ₹14,793 crore to SGST from IGST as a regular settlement.
  • Furthermore, ₹18,000 crore has been settled from the balance of IGST that will be available with the Centre on a provisional basis in the 50:50 proportion between Centre & States.

Thus, the total revenue earned by Central and State Governments in the month of December 2018, after the regular settlement is ₹43,851 crore as CGST and ₹46,252 crore as SGST.

You can download  for further details.


If you require any help on GST registration feel free to contact our business advisor at 8881-069-069.

Download E-Startup Mobile App for the latest updates relating to GST.

Give a Reply

Fill up the form

E-startupIndia Mobile App


Download our free Android App and get realtime update on your order status.
Easily connect with our professionals handling your order over chat & mobile.
Never miss business compliances due date with advance notifications.

Get E-startupIndia in your mobile

Why Choose Us

e-startupindia member of GOOGLE

Serving business owners with an Average 4.8+ Google Rating.

e-startupindia certified #AxixBank

Trusted by Axis bank to cater its clients all licensing & compliance needs.

e-startupindia NG Alliance Partner

Providing lending solutions for business needs with NeoGrowth.

e-startupindia Google Partner

Open Neo bank account worldwide & provides cross-border remittance solutions.

e-startupindia member of CII

E-startupindia is a Proudly Member of Confederation of Indian Industry.The CII is a premier business association in India which works to create an environment.

e-startupindia certified #Etstartupindia

E-Startup India is duly certified under GOI's Startup India scheme and is renowned for our tech-driven solutions for business & legal services requirements for MSMEs.

e-startupindia Google Partner

E-Startup India is a Google Partner, which implies we are rigorously involved in assisting SME businesses to market their presence in the digital world.

Popular Services

Private Limited Company | Public Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Sole Proprietorship Firm | Section 8 Company Registration | USA Company Registration | UK Company Registration | UAE Company Registration | Singapore Company Registration | Company Registration Hong Kong | Import Export Code | IEC Modification | AD Code Registration | Spice Board Registration | US FDA Certification | ISO 9001 2015 | ISO 14001 EMS | ISO 22000 FSMS | ISO 27001 ISMS | ISO 50001 Energy Management | ISO 45001 | ISO Surveillance | ISO Certification | MSME Registration | FSSAI Registration | Shop Establishment Registration | Barcode Registration | Coffee Board Registration | Startup India Certificate | ZED Certification | Trademark | Trademark Objection Reply | Trademark Opposition | Trademark Hearing | Trademark Formality Check Fail | Website Development | Patent | Copyright | Design Registration | Business Name Suggestion | Logo Designing | Trademark Assignment Service | GST Registration | GST Modification | GST Cancellation | GST Return Filing | GST Invoice Software | UIN Registration | Income Tax Return | Income Tax Notice | Income Tax Refund | Income Tax Assessment | TDS Return Filing | Form 15CA / CB | Professional Tax Registration | 12A and 80G Registration | FCRA Registration | CSR Registration | Project Report | Pitch Deck | Seed Fund Startup India | Accounting for Ecommerce | Virtual cfo services in india | Bookkeeping & Accounting | Private limited Company Annual Compliance | Form INC-22A | Form 15CA / CB | Company Strike Off | Commencement of Business | Fssai annual return | Online CA Consultancy | Income Tax Return Filling | LLP Annual Compliances | Form DIR-3 KYC | Virtual Office for Company Registration |


  • e-startupindia South Asia's Leading Multimedia News Agency
  • Business Standard
  • e-startupindia Outlook
  • e-startupindia Htmedia
  • e-startupindia Yahoo News
  • e-startupindia New Delhi Times
  • e-startupindia India.com
  • e-startupindia IBTN9