July GST
Revenue at ₹1.48 lk cr
·
Maha,
Gujarat Lead
The gross
GST revenue collected in the month of July 2022 is ₹1,48,995
crore of which CGST is ₹ 25,751 crore, SGST is ₹ 32,807 crore, IGST
is ₹ 79,518 crore (including ₹ 41,420 crore collected on import of goods)
and cess is ₹ 10,920 crore (including ₹ 995
crore collected on import of goods). This is second highest revenue since introduction
of GST.
The government
has settled ₹ 32,365 crore to CGST and ₹ 26,774 crore to SGST from IGST.
The total revenue of Centre and the States in the month of July 2022 after regular
settlement is ₹ 58,116 crore for CGST and ₹ 59,581 crore for the SGST.
The revenues
for the month of July 2022 are 28% higher than the GST revenues in the same month
last year of ₹ 1,16,393 crore. During the month,
revenues from import of goods was 48% higher and the revenues from domestic transaction
(including import of services) are 22% higher than the revenues from these sources
during the same month last year.
For five
months in a row now, the monthly GST revenues have been more than ₹ 1.4 lakh
core, showing a steady increase every month. The growth in GST revenue till July
2022 over the same period last year is 35% and displays a very high buoyancy. This
is a clear impact of various measures taken by the Council in the past to ensure
better compliance. Better reporting coupled with economic recovery has been having
positive impact on the GST revenues on a consistent basis. During the month of June
2022, 7.45 crore e-way bills were generated, which was marginally higher than 7.36
crore in May 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
July 2022 as compared to July 2021.
|
State-wise
growth of GST Revenues during July 2022[1] |
|||
|
State |
Jul-21 |
Jul-22 |
Growth |
|
Jammu
and Kashmir |
432 |
431 |
0% |
|
Himachal
Pradesh |
667 |
746 |
12% |
|
Punjab |
1,533 |
1,733 |
13% |
|
Chandigarh |
169 |
176 |
4% |
|
Uttarakhand |
1,106 |
1,390 |
26% |
|
Haryana |
5,330 |
6,791 |
27% |
|
Delhi |
3,815 |
4,327 |
13% |
|
Rajasthan |
3,129 |
3,671 |
17% |
|
Uttar
Pradesh |
6,011 |
7,074 |
18% |
|
Bihar |
1,281 |
1,264 |
-1% |
|
Sikkim |
197 |
249 |
26% |
|
Arunachal
Pradesh |
55 |
65 |
18% |
|
Nagaland |
28 |
42 |
48% |
|
Manipur |
37 |
45 |
20% |
|
Mizoram |
21 |
27 |
27% |
|
Tripura |
65 |
63 |
-3% |
|
Meghalaya |
121 |
138 |
14% |
|
Assam |
882 |
1,040 |
18% |
|
West
Bengal |
3,463 |
4,441 |
28% |
|
Jharkhand |
2,056 |
2,514 |
22% |
|
Odisha |
3,615 |
3,652 |
1% |
|
Chattisgarh |
2,432 |
2,695 |
11% |
|
Madhya
Pradesh |
2,657 |
2,966 |
12% |
|
Gujarat |
7,629 |
9,183 |
20% |
|
Daman
and Diu |
0 |
0 |
-66% |
|
Dadra
and Nagar Haveli |
227 |
313 |
38% |
|
Maharashtra |
18,899 |
22,129 |
17% |
|
Karnataka |
6,737 |
9,795 |
45% |
|
Goa |
303 |
433 |
43% |
|
Lakshadweep |
1 |
2 |
69% |
|
Kerala |
1,675 |
2,161 |
29% |
|
Tamil
Nadu |
6,302 |
8,449 |
34% |
|
Puducherry |
129 |
198 |
54% |
|
Andaman
and Nicobar Islands |
19 |
23 |
26% |
|
Telangana |
3,610 |
4,547 |
26% |
|
Andhra
Pradesh |
2,730 |
3,409 |
25% |
|
Ladakh |
13 |
20 |
54% |
|
Other
Territory |
141 |
216 |
54% |
|
Center
Jurisdiction |
161 |
162 |
0% |
|
Grand
Total |
87,678 |
1,06,580 |
22% |
[1]Does not include GST on import of goods