At Rs 1.5 lakh crore, October sees second-highest GST collection

Ten News Network

New Delhi (01/11/2022): The gross GST revenue collected in the month of October 2022 is ₹ 1,51,718 crore of which CGST is ₹ 26,039 crore, SGST is ₹ 33,396 crore, IGST is ₹ 81,778 crore (including ₹ 37,297 crore collected on import of goods) and Cess is ₹ 10,505 crore (including ₹ 825 crore collected on import of goods), which is second highest till date.

The government has settled ₹ 37,626 crore to CGST and ₹ 32,883 crore to SGST from IGST as regular settlement. In addition, Centre has also settled Rs 22,000 crore on adhoc basis in the ratio of 50:50 between Centre and States. The total revenue of Centre and the States after regular as well as adhoc settlements in the month of October 2022 is ₹74,665 crore for CGST and ₹ 77,279 crore for the SGST.

The revenue for October 2022 is second highest monthly collection, next only to the collection in April 2022 and it is for the second time the gross GST collection has crossed Rs. 1.50 lakh crore mark. October also saw the second highest collection from domestic transactions, next only to April 2022. This is the ninth month and for eight months in a row now, that the monthly GST revenues have been more than the ₹ 1.4 lakh crore mark. During the month of September 2022, 8.3 crore e-way bills were generated, which was significantly higher than 7.7 crore e-way bills generated in August 2022.

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 October 2022 as compared to October 2021.

 

State-wise growth of GST Revenues during October 2022

State Oct-21 Oct-22 Growth
Jammu and Kashmir 648 425 -34%
Himachal Pradesh 689 784 14%
Punjab 1,595 1,760 10%
Chandigarh 158 203 28%
Uttarakhand 1,259 1,613 28%
Haryana 5,606 7,662 37%
Delhi 4,045 4,670 15%
Rajasthan 3,423 3,761 10%
Uttar Pradesh 6,775 7,839 16%
Bihar 1,351 1,344 -1%
Sikkim 257 265 3%
Arunachal Pradesh 47 65 39%
Nagaland 38 43 13%
Manipur 64 50 -23%
Mizoram 32 24 -23%
Tripura 67 76 14%
Meghalaya 140 164 17%
Assam 1,425 1,244 -13%
West Bengal 4,259 5,367 26%
Jharkhand 2,370 2,500 5%
Odisha 3,593 3,769 5%
Chhattisgarh 2,392 2,328 -3%
Madhya Pradesh 2,666 2,920 10%
Gujarat 8,497 9,469 11%
Daman and Diu 0 0 20%
Dadra and Nagar Haveli 269 279 4%
Maharashtra 19,355 23,037 19%
Karnataka 8,259 10,996 33%
Goa 317 420 32%
Lakshadweep 2 2 14%
Kerala 1,932 2,485 29%
Tamil Nadu 7,642 9,540 25%
Puducherry 152 204 34%
Andaman and Nicobar Islands 26 23 -10%
Telangana 3,854 4,284 11%
Andhra Pradesh 2,879 3,579 24%
Ladakh 19 33 74%
Other Territory 137 227 66%
Center Jurisdiction 189 140 -26%
Grand Total 96,430 1,13,596 18%

 

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