GST collections for September slightly higher at Rs92,150 cr

Revenue collection under the goods and services tax (GST) for September stood at Rs92,150 crore as of 23 October, which is marginally higher than the mop-up for August, which was estimated at Rs90,669 crore.

Data released by the finance ministry on Tuesday showed that the total Central GST revenue collection for September is about Rs14,042 crore while the mop up of State GST is about Rs21,172 crore.

The government also collected Rs48,948 crore from Integrated GST for September, of which tax from imports is Rs23,951 crore. Receipts from compensation cess in September amounted to Rs7,988 crore, of which Rs722 crore is from imports.

''The total number of GSTR 3B returns filed for the month of September is 42.91 lakh by October 23,'' said the Ministry.

Meanwhile, the government has decided to waive the late fee on filing of GSTR-3B for August and September in view of the difficulties faced by taxpayers. The last date for payment of GST as well as filing of GSTR 3B return for September 2017 was 20 October 2017.      

To facilitate filing of GSTR-3B for August and September, late fee has been waived and late fee already paid will be credited back to taxpayer ledger, the finance ministry stated.

''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, it added.