Govt collects ₹1.47 lakh crore GST in September, 26% higher than 2021

Ten News Network

Delhi, Oct 1st, 2022: According to data released by the Ministry of Finance, the government has collected ₹ 1,47,686 crores GST revenue (Goods & Service Tax) in the month of September, which is 26% higher than the same month collection in 2021.

Out of ₹ 1,47,686 crores, CGST is ₹ 25,271 crore, SGST is ₹ 31,813 crore, IGST is ₹ 80,464 crore (including ₹ 41,215 crore collected on import of goods) and Cess is ₹ 10,137 crore (including ₹ 856 crore collected on import of goods).

“The revenues for the month of September 2022 are 26% higher than the GST revenues in the same month last year”, said the press release.

During the month, revenues from import of goods were 39% higher and the revenues from the domestic transaction (including import of services) are 22% higher than the revenues from these sources during the same month last year.

This is the eighth month and for the seventh month in a row now, the monthly GST revenues have been more than the ₹ 1.4 lakh crore mark.

This month witnessed the second highest single-day collection of Rs. 49,453 crores on 20th September with the second highest number of 8.77 lakh challans filed as well.

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