June GST Collection Cross ₹1.40 lakh crore
·
Delhi,
Haryana Do Well
·
Gross
GST collection in June 2022 is the second highest collection next to the April 2022
collection
The gross GST revenue collected in the month of June 2022 is
₹144,616 crore of which CGST is ₹25,306 crore, SGST is
₹32,406 crore, IGST is ₹75887 crore (including ₹40102
crore collected on import of goods) and cess is ₹11,018
crore (including ₹ 1197 crore collected on import of goods). The gross
GST collection in June 2022 is the second highest collection next to the April 2022
collection of ₹1,67,540 crore.
The government has settled ₹29,588 crore to CGST and ₹24,235
crore to SGST from IGST. In addition, Centre has also settled ₹27,000 crore
of IGST on ad-hoc basis in the ratio of 50:50 between Centre and States/UTs in this
month. The total revenue of Centre and the States in the month of June 2022 after
regular and adhoc settlement is ₹68,394 crore for
CGST and ₹70,141 crore for the SGST.
The revenues for the month of June 2022 are 56% higher
than the GST revenues in the same month last year of ₹92,800 crore. During
the month, revenues from import of goods was 55% higher and the revenues from domestic
transaction (including import of services) are 56% higher than the revenues from
these sources during the same month last year.
This is the fifth time the monthly GST collection crossed ₹1.40
lakh crore mark since inception of GST and fourth month at a stretch since March
2022. The collection in June’2022 is not only be the second highest but also has
broken the trend of being low collection month as observed in the past. Total
number of e-way bills generated in the month of May 2022 was 7.3 crore, which is
2% less than 7.4 crore e-way bills generated in the month of April 2022.
The average monthly gross GST collection for the first quarter
of the FY 2022-23 has been ₹1.51 lakh crore against the average monthly collection
of ₹1.10 lakh crore in the first quarter of the last Financial
year showing an increase of 37%. Coupled with economic recovery, anti-evasion activities,
especially action against fake billers have been contributing to the enhanced GST.
The gross cess collection in this month is the highest
since introduction of GST.
The chart below shows trends in monthly gross GST revenues since
2017-18. The table shows the state-wise figures of GST collected in each State during
the month of June 2022 as compared to June 2021.
|
State-wise growth of GST Revenues during June 2022 |
|||
|
State |
Jun-21 |
Jun-22 |
Growth |
|
Jammu
and Kashmir |
300 |
372 |
24% |
|
Himachal
Pradesh |
519 |
693 |
34% |
|
Punjab |
1,111 |
1,683 |
51% |
|
Chandigarh |
120 |
170 |
41% |
|
Uttarakhand |
702 |
1,281 |
82% |
|
Haryana |
3,801 |
6,714 |
77% |
|
Delhi |
2,656 |
4,313 |
62% |
|
Rajasthan |
2,176 |
3,386 |
56% |
|
Uttar
Pradesh |
4,588 |
6,835 |
49% |
|
Bihar |
889 |
1,232 |
39% |
|
Sikkim |
212 |
256 |
21% |
|
Arunachal
Pradesh |
33 |
59 |
77% |
|
Nagaland |
30 |
34 |
11% |
|
Manipur |
22 |
39 |
78% |
|
Mizoram |
17 |
26 |
49% |
|
Tripura |
43 |
63 |
47% |
|
Meghalaya |
105 |
153 |
46% |
|
Assam |
662 |
972 |
47% |
|
West
Bengal |
2,744 |
4,331 |
58% |
|
Jharkhand |
2,032 |
2,315 |
14% |
|
Odisha |
3,000 |
3,965 |
32% |
|
Chhattisgarh |
2,230 |
2,774 |
24% |
|
Madhya
Pradesh |
2,098 |
2,837 |
35% |
|
Gujarat |
6,128 |
9,207 |
50% |
|
Daman
and Diu |
0 |
0 |
-13% |
|
Dadra
and Nagar Haveli |
243 |
350 |
44% |
|
Maharashtra |
13,722 |
22,341 |
63% |
|
Karnataka |
5,103 |
8,845 |
73% |
|
Goa |
256 |
429 |
67% |
|
Lakshadweep |
0 |
1 |
33% |
|
Kerala |
998 |
2,161 |
116% |
|
Tamil
Nadu |
4,380 |
8,027 |
83% |
|
Puducherry |
104 |
182 |
75% |
|
Andaman
and Nicobar Islands |
12 |
22 |
94% |
|
Telangana |
2,845 |
3,901 |
37% |
|
Andhra
Pradesh |
2,051 |
2,987 |
46% |
|
Ladakh |
6 |
13 |
118% |
|
Other
Territory |
127 |
205 |
61% |
|
Centre
Jurisdiction |
164 |
143 |
-12% |
|
Grand
Total |
66,229 |
1,03,317 |
56% |