Rs 1,49,507 Cr GST Revenue collected in December 2022

Record increase of 15% year-on-year Monthly GST revenues more than Rs 1.4 lakh Cr for 10 months in a row
Representational Picture
Representational PictureFile/ GK

New Delhi: The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods).

An official spokesman in a statement issued on the Press Information Bureau here said that the government has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST as regular settlement.

The total revenue of Centre and the States after regular settlements in the month of December 2022 is Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST.

The revenues for the month of December 2022 are 15 percent higher than the GST revenues in the same month last year.

During the month, revenues from import of goods were 8 percent higher and the revenues from domestic transactions (including import of services) are 18 percent higher than the revenues from these sources during the same month last year. During the month of November 2022, 7.9 crore e-way bills were generated, which was significantly higher than 7.6 crore e-way bills generated in October 2022.

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