Home » News » Banking & Finance » ₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year

₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-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[1]

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%

 

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Union Budget to give a boost to exports and manufacturing

Union Budget 2023-24 has a slew of measures to give boost to exports and help ...

Shri Jyotiraditya Scindia inaugurates flight connecting Bhubaneswar, Kolkata, and Jamshedpur

Union Minister of Civil Aviation and Steel, Shri Jyotiraditya M. Scindia along with General Dr. ...

Margin Money worth Rs. 100.29 Crore distributed among 3223 beneficiaries Under PMEGP Scheme , 26000 new employment generated

Chairman, Khadi and Village Industries Commission Shri Manoj Kumar today released  margin money grant of ...

G20-Startup20 Engagement Group set to meet in Hyderabad; India to convene global support for start-ups, strengthen ecosystem synergies

The G20 Startup20 Engagement Group will hold its inception meeting in Hyderabad this week, featuring ...

Regulation of Digital Media

To help achieve the aim of making Internet Open, Safe and Trusted and Accountable and ...

Roundtable of Secretary, M/o Food Processing Industries with Central Ministries and Government Departments on activities related to IYOM & Mega Food Event 2023

Secretary, Ministry of Food Processing Industries, Smt Anita Praveen chaired a roundtable interaction with senior ...

India Post Payment Bank

India Post Payments Bank (IPPB) is a scheduled payment bank offering a range of products ...

Under Phase-II of FAME India Scheme, 7,45,713 Electric Vehicles supported till 07 Dec 2022 by way of Demand Incentive amounting to about Rs. 3,200 Cr.

Under Phase-II of FAME India Scheme, 7,45,713 Electric Vehicles have been supported till 07.12.2022 by ...

Steps taken by the Government to promote charging infrastructure for EVs

Under phase-II of FAME-India Scheme, Rs. 1000 Cr. is allocated for the development of charging ...

Guidelines for prescribing generic medicines in public hospitals

The Government has put in place a Uniform Code for Pharmaceutical Marketing Practices (UCPMP) for ...

WP2Social Auto Publish Powered By : XYZScripts.com