INDEX
| DATE | HEADING |
| 01 Jan 2021 | GST Revenue collection for December 2020 recorded all time high since implementation of GST |
| 02 Jan 2021 | GST e-invoice system completed journey of 3 months; Enabled more than 37000 tax payers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs) |
| 03 Jan 2021 | CGST Delhi West Commissionerate arrests one for duty evasion of around Rs 831.72 crore |
| 04 Jan 2021 | 10th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall. |
| 11 Jan 2021 | 11th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall |
|
15 Jan 2021 |
One held by CGST Delhi officials for fraudulently passing on fake ITC of Rs 14.30 crore |
|
18 Jan 2021 |
One held by CGST Delhi East officials for availing fake input tax credit of Rs 82.23 crore |
|
18 Jan 2021 |
12th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall. |
|
25 Jan 2021 |
13th Instalment of Rs.6,000 crore released to the States to meet the GST compensation shortfall |
|
31 Jan 2021 |
GST Revenue collection for January 2021 almost touches ₹1.20 lakh crore |
Ministry of Finance
GST Revenue collection for December 2020 recorded all time high since implementation of GST
₹ 1,15,174 crore gross GST revenue collected in December
Revenues for December 2020 are 12% higher than the GST revenues in the same month last year
Posted On: 01 JAN 2021 1:21PM by PIB Delhi
The gross GST revenue collected in the month of December 2020 is ₹ 1,15,174 crore of which CGST is ₹ 21,365 crore, SGST is ₹ 27,804 crore, IGST is ₹ 57,426 crore (including ₹ 27,050 crore collected on import of goods) and Cess is ₹ 8,579 crore (including ₹ 971 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of November up to 31st December 2020 is 87 lakhs.
The government has settled ₹ 23,276 crore to CGST and ₹ 17,681 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of December 2020 is ₹ 44,641 crore for CGST and ₹ 45,485 crore for the SGST.
In line with the recent trend of recovery in the GST revenues, the revenues for the month of December 2020 are 12% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 27% higher and the revenues from domestic transaction (including import of services) are 8% higher that the revenues from these sources during the same month last year.
The GST revenues during December 2020 have been the highest since the introduction of GST and it is the first time that it has crossed ₹ 1.15 lakh crore. The highest GST collection till now was ₹ 1,13,866 crore in the month of April 2019. The revenues of April normally tend to be high since they pertain to the returns of March, which marks the end of financial year. The December 2020 revenues are significantly higher than last month’s revenues of ₹ 1,04.963 crore. This is the highest growth in monthly revenues since last 21 months. This has been due to combined effect of the rapid economic recovery post pandemic and the nation-wide drive against GST evaders and fake bills alongwith many systemic changes introduced recently, which have led to improved compliance.
Till now, GST revenues have crossed ₹ 1.1 lakh crore three times since introduction of GST. This is the third month in a row in the current financial year after the economy has been showing signs or recovery post pandemic that the GST revenues have been more than ₹ 1 lakh crore. The average growth in GST revenues during the last quarter has been 7.3% as compared to (-) 8.2% during the second quarter and
(-) 41.0% during the first quarter of the financial year.
The chart below shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of December 2020 as compared to December 2019.
State-wise growth of GST Revenues during December 2020[1]
| State | Dec-19 | Dec-20 | Growth | |
| 1 | Jammu and Kashmir | 409 | 318 | -22% |
| 2 | Himachal Pradesh | 699 | 670 | -4% |
| 3 | Punjab | 1,290 | 1,353 | 5% |
| 4 | Chandigarh | 168 | 158 | -6% |
| 5 | Uttarakhand | 1,213 | 1,246 | 3% |
| 6 | Haryana | 5,365 | 5,747 | 7% |
| 7 | Delhi | 3,698 | 3,451 | -7% |
| 8 | Rajasthan | 2,713 | 3,135 | 16% |
| 9 | Uttar Pradesh | 5,489 | 5,937 | 8% |
| 10 | Bihar | 1,016 | 1,067 | 5% |
| 11 | Sikkim | 214 | 225 | 5% |
| 12 | Arunachal Pradesh | 58 | 46 | -22% |
| 13 | Nagaland | 31 | 38 | 23% |
| 14 | Manipur | 44 | 41 | -8% |
| 15 | Mizoram | 21 | 25 | 21% |
| 16 | Tripura | 59 | 74 | 25% |
| 17 | Meghalaya | 123 | 106 | -14% |
| 18 | Assam | 991 | 984 | -1% |
| 19 | West Bengal | 3,748 | 4,114 | 10% |
| 20 | Jharkhand | 1,943 | 2,150 | 11% |
| 21 | Odisha | 2,383 | 2,860 | 20% |
| 22 | Chhattisgarh | 2,136 | 2,349 | 10% |
| 23 | Madhya Pradesh | 2,434 | 2,615 | 7% |
| 24 | Gujarat | 6,621 | 7,469 | 13% |
| 25 | Daman and Diu | 94 | 4 | -96% |
| 26 | Dadra and Nagar Haveli | 154 | 259 | 68% |
| 27 | Maharashtra | 16,530 | 17,699 | 7% |
| 29 | Karnataka | 6,886 | 7,459 | 8% |
| 30 | Goa | 363 | 342 | -6% |
| 31 | Lakshadweep | 1 | 1 | -32% |
| 32 | Kerala | 1,651 | 1,776 | 8% |
| 33 | Tamil Nadu | 6,422 | 6,905 | 8% |
| 34 | Puducherry | 165 | 159 | -4% |
| 35 | Andaman and Nicobar Islands | 30 | 22 | -26% |
| 36 | Telangana | 3,420 | 3,543 | 4% |
| 37 | Andhra Pradesh | 2,265 | 2,581 | 14% |
| 38 | Laddakh | 0 | 8 | |
| 97 | Other Territory | 118 | 88 | -25% |
| 99 | Center Jurisdiction | 75 | 127 | 68% |
| Grand Total | 81,042 | 87,153 | 8% | |
[1] Does not include GST on import of goods
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Ministry of Electronics & IT
GST e-invoice system completed journey of 3 months; Enabled more than 37000 tax payers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs)
603 Lakhs e-invoices generated in December 2020 as compared to 589 lakhs in November 2020
Posted On: 02 JAN 2021 1:03PM by PIB Delhi
GST e-invoice system, the game changer in the GST system, has completed journey of three months and has facilitated smooth transition of the tax payers to the new platform. It has enabled more than 37000 tax payers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs), during last three months from the NIC developed e-Invoice system.
Starting with with 495 lakhs during October 2020, generation of e-Invoice has increased to 589 lakhs in November 2020 and 603 Lakhs in December 2020. Interestingly the e-way bill generation from the NIC (National Informatics Centre) developed e-way bill system is also highest during September to December 2020 compared to same months of previous years.
The response of the system is good and generation of IRNs is hassle-free during this period. However, there have been common errors such as repeated requests on same document number, simultaneous requests on same document number, requests with validation or calculation errors etc. Proactive measures taken by NIC Help desk, including communication with tax payers about the issues through mails and telephonic calls and suggestion of corrective measures, has facilitated in bringing the errors down. NIC has also started sending the daily update to the generators of IRN about the number and value of the IRN generated by him/her.
The Government has reduced the aggregate turnover cut off to Rs. 100 Crores per annum for generation of IRN by the tax payers from 1st January 2021. NIC has already enabled the API and offline tool based sites for these tax payers. NIC is also geared up with adequate infrastructure to handle the generation of e-invoices from these tax payers from 1st January 2021. NIC portal facilitates the big tax payers, whose turnover is more than Rs. 500 Crores, to enable direct API access to their suppliers and clients from their systems.
Keeping requirements of small tax payers in view, NIC has developed the offline Excel based IRN preparation and printing tool, called as NIC-GePP tool for the small tax payers. This application will allow the tax payers to enter the invoice details, prepare the file to upload on NIC IRN portal, download the IRN with QR code and print the e-invoice with QR code.
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Ministry of Finance
CGST Delhi West Commissionerate arrests one for duty evasion of around Rs 831.72 crore
Posted On: 03 JAN 2021 1:12PM by PIB Delhi
The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco products without any registration and payment of duty. On basis of the search at the premise of manufacture, it was found that illegal manufacturing of Gutkha/pan masala/tobacco product was going on, evidenced by a godown, machines, raw materials and manufactured products at the premises. Around 65 labourers were found working at the illegal factory. The finished product of gutkha is being supplied to various states in India. The searches resulted in seizure of finished gutkha and raw materials such as chuna, sada kattha, tobacco leaves etc. valued at Rs. 4.14 crore approximately.
On the basis of evidence gathered, stocks seized and confessional statements recorded the total duty evasion is estimated to be approx. Rs. 831.72/- crore. Further investigation is in progress.
One person has been arrested in the matter on the basis of his involvement in the manufacture and supply of goods without issue of any invoice with the intention to evade tax, as well as in transporting, removing, depositing, keeping, concealing, supplying, or purchasing any goods in violation of the provisions of Section 132(1)(a) and (h) of CGST Act, 2017, which are cognizable and non-bailable under Section 132(5) being punishable under Section 132(1)(i) of the said Act. The accused person has been arrested and produced before the Metropolitan Magistrate (MM), Patiala House Court on 02.01.2021 and has been sent to 14 days judicial custody by the MM. Further investigation is underway to identify the key conspirator/s of the case and to recover the tax dues involved.
Delhi Zone has been making sustained efforts to check evasion of GST, leading to detection of Rs 4,327 crore in the current Financial Year and 15 persons have been arrested in these matters.
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Ministry of Finance
10th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall.
A total amount of Rs.60,000 crore released so far to all States and UTs with legislation
This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States
Posted On: 04 JAN 2021 6:17PM by PIB Delhi
The Ministry of Finance has released the 10thweekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs.5,516.60 crore has been released to 23 States and an amount of Rs.483.40 crore has been released to the 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu & Kashmir & Puducherry) who are members of the GST Council. The remaining 5 States, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of GST implementation. Now, more than 50 percent of the estimated GST compensation shortfall has been released to the States & UT with Legislative Assembly.
The Government of Indiahad set up a special borrowing window in October, 2020 to meet the estimated shortfall of Rs.1.10 lakh crore in revenue arising on account of implementation of GST. The borrwoings are being done through this window by the Government of India on behalf of the States and UTs. The borrowings have been done in 10 rounds. The amount borrowed so far was released to the States on 23rd October, 2020, 2nd November, 2020, 9th November, 2020, 23rd November, 2020, 1st December, 2020, 7th December, 2020, 14th December, 2020, 21st December, 2020, 28thDecember, 2020 and 04th January, 2021.
The amount released this week was the 10th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of4.1526%.So far, an amount of Rs.60,000 crore has been borrowed by the Central Government through the special borrowing window at an average interest rate of 4.6892%.
In addition to providing funds through the special borrowing window to meet the shortfall in revenue on account of GST implementation, the Government of India has also granted additional borrowing permission equivalent to 0.50 % of Gross States Domestic Product(GSDP)to the states choosing Option-Ito meet GST compensation shortfall to help them in mobilising additional financial resources. All the States have been given their preference for Option-I. Permission for borrowing the entire additional amount of Rs.1,06,830 crore(0.50 % of GSDP) has been granted to 28 States under this provision.
The amount of additional borrowing permission granted to 28 States and the amount of funds raised through special window and released to the States and Union Territories so far is annexed.
Statewise additional borrowing of 0.50 percent of GSDP allowed and amount of funds raised through special window passed on to the States/UTs till 04.01.2021
(Rs. in Crore)
| S. No. | Name of State / UT | Additional borrowing of 0.50 percent allowed to States | Amount of fund raised through special window passed on to the States/ UTs |
| 1 | Andhra Pradesh | 5051 | 1433.25 |
| 2 | Arunachal Pradesh* | 143 | 0.00 |
| 3 | Assam | 1869 | 616.72 |
| 4 | Bihar | 3231 | 2421.54 |
| 5 | Chhattisgarh | 1792 | 846.30 |
| 6 | Goa | 446 | 520.85 |
| 7 | Gujarat | 8704 | 5719.15 |
| 8 | Haryana | 4293 | 2699.05 |
| 9 | Himachal Pradesh | 877 | 1064.87 |
| 10 | Jharkhand | 1765 | 459.75 |
| 11 | Karnataka | 9018 | 7694.69 |
| 12 | Kerala | 4,522 | 1897.80 |
| 13 | Madhya Pradesh | 4746 | 2816.91 |
| 14 | Maharashtra | 15394 | 7428.29 |
| 15 | Manipur* | 151 | 0.00 |
| 16 | Meghalaya | 194 | 69.39 |
| 17 | Mizoram* | 132 | 0.00 |
| 18 | Nagaland* | 157 | 0.00 |
| 19 | Odisha | 2858 | 2370.37 |
| 20 | Punjab | 3033 | 2751.20 |
| 21 | Rajasthan | 5462 | 2160.37 |
| 22 | Sikkim* | 156 | 0.00 |
| 23 | Tamil Nadu | 9627 | 3870.80 |
| 24 | Telangana | 5017 | 947.73 |
| 25 | Tripura | 297 | 140.40 |
| 26 | Uttar Pradesh | 9703 | 3725.41 |
| 27 | Uttarakhand | 1405 | 1436.55 |
| 28 | West Bengal | 6787 | 1458.37 |
| Total (A): | 106830 | 54549.76 | |
| 1 | Delhi | Not applicable | 3637.32 |
| 2 | Jammu & Kashmir | Not applicable | 1408.98 |
| 3 | Puducherry | Not applicable | 403.94 |
| Total (B): | Not applicable | 5450.24 | |
| Grand Total (A+B) | 106830 | 60000.00 |
* These States have ‘NIL’ GST compensation gap
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Ministry of Finance
11th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
A total amount of Rs.66,000 crore released so far to all States and UTs with legislation
This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States
Posted On: 11 JAN 2021 5:04PM by PIB Delhi
The Ministry of Finance has released the 11th weekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs.5,516.60 crore has been released to 23 States and an amount of Rs.483.40 crore has been released to the 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu & Kashmir & Puducherry) who are members of the GST Council. The remaining 5 States, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of GST implementation. Now, 60 percent of the estimated GST compensation shortfall has been released to the States & UT with Legislative Assembly. Out of this an amount of Rs.60,066.36 crore has been released to the States and an maount of Rs.5,933.64 crore has been released to the 3 UTs with Legislative Assembly.
The Government of India had set up a special borrowing window in October, 2020 to meet the estimated shortfall of Rs.1.10 Lakh crore in revenue arising on account of implementation of GST. The borrowings are being done through this window by the Government of India on behalf of the States and UTs. The borrowings have been done in 11 rounds. The amount borrowed so far was released to the States on 23rd October, 2020, 2nd November, 2020, 9th November, 2020, 23rd November, 2020, 1st December, 2020, 7th December, 2020, 14th December, 2020, 21st December, 2020, 28th December, 2020, 04th January, 2021and 11th January, 2021.
The amount released this week was the 11th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of 5.1057%. So far, an amount of Rs.66,000 crore has been borrowed by the Central Government through the special borrowing window at an average interest rate of 4.7271%.
In addition to providing funds through the special borrowing window to meet the shortfall in revenue on account of GST implementation, the Government of India has also granted additional borrowing permission equivalent to 0.50 % of Gross States Domestic Product (GSDP) to the states choosing Option-I to meet GST compensation shortfall to help them in mobilising additional financial resources. All the States have been given their preference for Option-I. Permission for borrowing the entire additional amount of Rs.1,06,830 crore (0.50 % of GSDP) has been granted to 28 States under this provision.
The amount of additional borrowing permission granted to 28 States and the amount of funds raised through special window and released to the States and Union Territories so far is annexed.
State wise additional borrowing of 0.50 percent of GSDP allowed and amount of funds raised through special window passed on to the States/UTs till 11.01.2021
(Rs. in Crore)
| S. No. | Name of State / UT | Additional borrowing of 0.50 percent allowed to States | Amount of fund raised through special window passed on to the States/ UTs |
| 1 | Andhra Pradesh | 5051 | 1559.07 |
| 2 | Arunachal Pradesh* | 143 | 0.00 |
| 3 | Assam | 1869 | 670.84 |
| 4 | Bihar | 3231 | 2634.14 |
| 5 | Chhattisgarh | 1792 | 1015.56 |
| 6 | Goa | 446 | 566.58 |
| 7 | Gujarat | 8704 | 6221.22 |
| 8 | Haryana | 4293 | 2935.98 |
| 9 | Himachal Pradesh | 877 | 1158.35 |
| 10 | Jharkhand | 1765 | 551.70 |
| 11 | Karnataka | 9018 | 8370.15 |
| 12 | Kerala | 4,522 | 2211.72 |
| 13 | Madhya Pradesh | 4746 | 3064.19 |
| 14 | Maharashtra | 15394 | 8080.35 |
| 15 | Manipur* | 151 | 0.00 |
| 16 | Meghalaya | 194 | 75.49 |
| 17 | Mizoram* | 132 | 0.00 |
| 18 | Nagaland* | 157 | 0.00 |
| 19 | Odisha | 2858 | 2578.45 |
| 20 | Punjab | 3033 | 3206.28 |
| 21 | Rajasthan | 5462 | 2411.02 |
| 22 | Sikkim* | 156 | 0.00 |
| 23 | Tamil Nadu | 9627 | 4210.58 |
| 24 | Telangana | 5017 | 1077.30 |
| 25 | Tripura | 297 | 152.70 |
| 26 | Uttar Pradesh | 9703 | 4052.45 |
| 27 | Uttarakhand | 1405 | 1562.64 |
| 28 | West Bengal | 6787 | 1699.60 |
| Total (A): | 106830 | 60066.36 | |
| 1 | Delhi | Not applicable | 3956.63 |
| 2 | Jammu & Kashmir | Not applicable | 1532.67 |
| 3 | Puducherry | Not applicable | 444.34 |
| Total (B): | Not applicable | 5933.64 | |
| Grand Total (A+B) | 106830 | 66000.00 |
* These States have ‘NIL’ GST compensation gap
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