GST revenue collections jumped 11% at Rs. 1.46 lakh crore in Nov 2022



Quick Summary
Goods and Services Tax (GST) revenue for November 2022 reached a significant £1.46 lakh crore, marking an 11% increase compared to the same month last year. This marks the ninth consecutive month where GST collections have surpassed £1.4 lakh crore. The growth was driven by a 20% rise in revenue from imported goods and an 8% increase from domestic transactions.

₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year

Monthly GST revenues more than ₹1.4 lakh crore for nine straight months in a row

Revenues from import of goods 20% higher and revenues from domestic transaction (including import of services) 8% higher than the same month last year

The gross GST revenue collected in the month of November 2022 is ₹1,45,867 crore of which CGST is ₹25,681 crore, SGST is ₹32,651 crore, IGST is ₹77,103 crore (including ₹38,635 crore collected on import of goods) and Cess is ₹10,433 crore (including ₹817 crore collected on import of goods)

GST Revenue Hits £1.46 Lakh Crore in Nov 2022

The government has settled ₹33,997 crore to CGST and ₹28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2022 is ₹59678 crore for CGST and ₹61189 crore for the SGST. In addition, Centre had also released ₹17,000 crore as GST compensation to States/UTs in November 2022.

The revenues for the month of November 2022 are 11% higher than the GST revenues in the same month last year, which itself was Rs. 1.31,526 crore. During the month, revenues from import of goods was 20% higher and the revenues from domestic transaction (including import of services) are 8% higher than the revenues from these sources during the same month last 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 November 2022 as compared to November 2021.

₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year

State-wise growth of GST Revenues during November 2022

State

Nov-21

Nov-22

Growth

Jammu and Kashmir

383

430

12%

Himachal Pradesh

762

672

-12%

Punjab

1,845

1,669

-10%

Chandigarh

180

175

-3%

Uttarakhand

1,263

1,280

1%

Haryana

6,016

6,769

13%

Delhi

4,387

4,566

4%

Rajasthan

3,698

3,618

-2%

Uttar Pradesh

6,636

7,254

9%

Bihar

1,030

1,317

28%

Sikkim

207

209

1%

Arunachal Pradesh

40

62

55%

Nagaland

30

34

11%

Manipur

35

50

42%

Mizoram

23

24

3%

Tripura

58

60

3%

Meghalaya

152

162

6%

Assam

992

1,080

9%

West Bengal

4,083

4,371

7%

Jharkhand

2,337

2,551

9%

Odisha

4,136

4,162

1%

Chhattisgarh

2,454

2,448

0%

Madhya Pradesh

2,808

2,890

3%

Gujarat

9,569

9,333

-2%

Daman and Diu

0

0

67%

Dadra and Nagar Haveli

270

304

13%

Maharashtra

18,656

21,611

16%

Karnataka

9,048

10,238

13%

Goa

518

447

-14%

Lakshadweep

2

0

-79%

Kerala

2,129

2,094

-2%

Tamil Nadu

7,795

8,551

10%

Puducherry

172

209

22%

Andaman and Nicobar Islands

24

23

-7%

Telangana

3,931

4,228

8%

Andhra Pradesh

2,750

3,134

14%

Ladakh

13

50

273%

Other Territory

95

184

93%

Center Jurisdiction

180

154

-14%

Grand Total

98,708

1,06,416

8%

FAQ :

The gross GST revenue collected in November 2022 was £1,45,867 crore.

GST revenue in November 2022 was 11% higher than in November 2021.

Revenues from the import of goods were 20% higher, and revenues from domestic transactions (including the import of services) were 8% higher than in the same month last year.

GST revenues have exceeded £1.4 lakh crore for nine consecutive months.

The gross GST revenue included £25,681 crore CGST, £32,651 crore SGST, £77,103 crore IGST, and £10,433 crore Cess.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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