PANJIM: The GST revenue collected by the State of Goa by July 2021 is 18 per cent higher than the GST revenue reported in July 2020.
As per data released by the Ministry of Finance, Goa’s GST collection for July 2021 stood at Rs 303 crore. The Ministry said Goa’s GST revenue grew at 18 per cent as compared to Goa’s GST collection as on July 2020, which was Rs 257 crore.
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Overall, the gross GST nation-wide revenue collected in the month of July 2021 is Rs 1,16,393 crore of which CGST is Rs 22,197 crore, SGST is Rs 28,541 crore, IGST is Rs 57,864 crore (including Rs 27,900 crore collected on import of goods) and Cess is Rs 7,790 crore (including Rs 815 crore collected on import of goods).The above figure includes GST collection received from GSTR-3B returns filed between July 1 2021 and July 31, 2021 as well as IGST and Cess collected from imports for the same period.
Overall, across India, the revenues for the month of July 2021 are 33 per cent higher than the GST revenues in the same month last year. During the month, revenues from import of goods were 36 per cent higher and the revenues from domestic transaction (including import of services) are 32 per cent higher than the revenues from these sources during the same month last year.
