The GST collection in April has crossed Rs. 1 lakh
crore. The figures reflect the upswing in the economy and better compliance.
April was also the month for filing of quarterly
Return for composition dealers.
Out of 19.31 lakh composition
dealers, 11.47 lakh have filed their quarterly return (GSTR 4) which is 59.40%
and have paid total tax of Rs.579 crores, which is included in the above figure
of Rs.1.03 lakh crore of total GST collection.
The total revenue earned by
Central Government and the State Governments after settlement in the month of
April, 2018 is Rs.32,493 crore for CGST and Rs.40,257 crore for the SGST.
Union Finance Minister Arun Jaitley
tweeted to express satisfaction on the developments. He called it a landmark
achievement and confirmation of increased economic activity.
In another tweet, he said that
with the improved economic climate, introduction of e-way bill and improved GST
compliance, the indirect collections would continue to show a positive trend.