GST Collection for November Grows 11% year-on-year, Drops 4% from
October
·
State
GST Collections for November 2022 Accounted for ₹32,651 crore of
Revenues, while the Integrated GST Kitty was ₹77,103 crore
·
₹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)
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.
|
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% |