While the CGST and SGST showed a marginal improvement over last month when they were Rs 164.64 billion and Rs 228.26 billion, respectively, the shortfall in revenue was mainly on account of IGST which was Rs 534.19 billion in October. The cess collected in October was Rs 80 billion.
"The government has settled Rs 182.62 billion to CGST and Rs 157.04 billion to SGST from IGST as regular settlement. The total revenue earned by the Central and state governments after regular settlement in the month of November is Rs 350.73 billion for CGST and Rs 387.74 billion for the SGST," the Finance Ministry statement said.
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