About 1.23 lakh dealers have opted out of the Composition Scheme and become regular taxpayers. | Photo Credit: AFPmore-inThe Centre collected ₹86,318 crore in revenue from the Goods and Services Tax in January, according to official data released on Tuesday. ‘1.03 crore taxpayers’“The total revenue received under GST for January (received in January/February up to February 25) [is] ₹86,318 crore. About 1.03 crore taxpayers have been registered under GST so far till February 25, 2018.”The government had collected ₹86,703 crore in December from GST. Of the total collected, ₹14,233 crore came as as Central GST, ₹19,961 crore as State GST, ₹43,794 crore as Integrated GST and ₹8,331 crore as compensation cess.

Source: The Hindu February 27, 2018 16:41 UTC