Govt collects Rs 86,703 cr under GST in December

Government has collected 86,703 crore rupees under GST in the last month. Finance Ministry said, one crore taxpayers have been registered under GST so far.

Of them over 17 lakh are Composition Dealers which are required to file returns every quarter. It said, over 56 lakh GSTR 3B returns have been filed for the month of December till yesterday.

The Ministry said, a total of over 8 lakh returns were filed by Composition Dealers for the July-September, quarter, paying a total of around 336 crore rupees as GST.

It also said, 9.25 lakh returns were filed by Composition Dealers, paying a sum of over 421 crore rupees during October- December quarter.

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