Revenue from the goods and services tax (GST) slipped marginally in February to ₹85,174 crore from ₹86,318 crore in January. According to data released by the Finance Ministry on Tuesday, the number of registered taxpayers under GST has also increased to 1.05 crore in February from 1.03 crore in the previous month.
Till March 25, 59.51 lakh GSTR 3B returns were filed for February 2018. “This is 69 per cent of the total taxpayers required to file monthly returns,” said the Ministry. Total collections of Central GST (CGST), including settlements, amounted to ₹27,085 crore in February, while State GST (SGTS) was ₹33,880 crore. Another ₹42,456 crore was collected as Integrated GST (IGST) and ₹7,317 crore was collected as compensation cess.