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Government collects over Rs 90,000 crore in GST revenue in August

Wed, Sep 27 2017, 01:24 PM

In the second month of the goods and services tax regime, the government had received a total revenue of Rs 90,669 crore for August (up to September 25), about 1.7% lower than that collected for July (up to August 29). After adding late returns, the total GST revenue increased to Rs 94,063 crore for July, which is 3.6% higher than the collections in August. The revenue collection for August has been lower than July under all categories, except compensation cess (8.7% higher).