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Revenue collection under the goods and services tax (GST) remained robust with ₹ 92,150 crore collected for the month of September. This is marginally higher than the mop-up in August which was estimated at ₹ 90,669 crore.
Data released by the Finance Ministry on Tuesday showed that the total Central GST revenue is ₹ 14,042 crore in September while the mop up from State GST is ₹ 21,172 crore.
The government also collected ₹ 48,948 crore from Integrated GST last month of which the tax from imports is ₹ 23,951 crore. Receipts from compensation cess in September amounted to ₹ 7,988 crore of which ₹ 722 crore is from imports. “The total number of GSTR 3B returns filed for the month of September is 42.91 lakhs by October 23,” said the Ministry.
Waiver of late fee
With taxpayers still facing difficulties in filing returns, the government has also decided to waive the late fee on filing of GSTR-3B for the months of August and September.
To facilitate taxpayers, late fee on filing of GSTR-3B for Aug&Sept has been waived. Late fee paid will be credited back to taxpayer ledger.
— Arun Jaitley (@arunjaitley) October 24, 2017
“Electronic cash ledger of the taxpayers who have already paid the late fee on filing of GSTR-3B either for the month of August or September or those who pay such fee before the necessary changes are carried out in the IT system will be credited with the amount of late fee,” said the Ministry.
Necessary software changes are being carried out in the IT system to waive off the payment of late fee.
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