The Goods and Services Tax (GST) revenues rose 16.6 per cent to about Rs 1.52 lakh crore in October, making it the second-highest collection to date. The GST collections had touched a record high of nearly Rs 1.68 lakh crore in April. In October last year, the revenues stood at over Rs 1.30 lakh crore.
The gross GST collected in the month of October 2022 is Rs 1,51,718 crore of which Central GST is Rs 26,039 crore, State GST is Rs 33,396 crore, Integrated GST is Rs 81,778 crore (including Rs 37,297 crore collected on import of goods), and Cess is Rs 10,505 crore (including Rs 825 crore collected on import of goods), which is second-highest to date, an official statement said.
The GST mop-up has been over Rs 1.40 lakh crore for eight months in a row.
During the month of September 2022, 8.3 crore e-way bills were generated, which was significantly higher than 7.7 crore e-way bills generated in August 2022.
The government has settled Rs 37,626 crore to CGST and Rs 32,883 crore to SGST from IGST as regular settlement. In addition, the Centre has also settled Rs 22,000 crore on adhoc basis in the ratio of 50:50 between the Centre and states, according to a government release.
The total revenue of Centre and the states after regular as well as adhoc settlements in the month of October 2022 is Rs 74,665 crore for CGST and Rs 77,279 crore for the SGST.
The revenue for October is second-highest monthly collection, next only to the collection in April 2022 and it is for the second time the gross GST collection has crossed Rs 1.50 lakh crore mark.
October also saw the second-highest collections from domestic transactions, next only to April 2022. This is the ninth month and for eight months in a row now, that the monthly GST revenues have been more than the Rs 1.4-lakh crore mark. During the month of September 2022, 8.3 crore e-way bills were generated, which was significantly higher than 7.7 crore e-way bills generated in August 2022.
The table below shows the state-wise figures of GST collected in each state during the month of October 2022 as compared to October 2021.
State-wise growth of GST revenues during October 2022
|
State |
Oct-21 |
Oct-22 |
Growth |
|
Jammu and Kashmir |
648 |
425 |
-34% |
|
Himachal Pradesh |
689 |
784 |
14% |
|
Punjab |
1,595 |
1,760 |
10% |
|
Chandigarh |
158 |
203 |
28% |
|
Uttarakhand |
1,259 |
1,613 |
28% |
|
Haryana |
5,606 |
7,662 |
37% |
|
Delhi |
4,045 |
4,670 |
15% |
|
Rajasthan |
3,423 |
3,761 |
10% |
|
Uttar Pradesh |
6,775 |
7,839 |
16% |
|
Bihar |
1,351 |
1,344 |
-1% |
|
Sikkim |
257 |
265 |
3% |
|
Arunachal Pradesh |
47 |
65 |
39% |
|
Nagaland |
38 |
43 |
13% |
|
Manipur |
64 |
50 |
-23% |
|
Mizoram |
32 |
24 |
-23% |
|
Tripura |
67 |
76 |
14% |
|
Meghalaya |
140 |
164 |
17% |
|
Assam |
1,425 |
1,244 |
-13% |
|
West Bengal |
4,259 |
5,367 |
26% |
|
Jharkhand |
2,370 |
2,500 |
5% |
|
Odisha |
3,593 |
3,769 |
5% |
|
Chhattisgarh |
2,392 |
2,328 |
-3% |
|
Madhya Pradesh |
2,666 |
2,920 |
10% |
|
Gujarat |
8,497 |
9,469 |
11% |
|
Daman and Diu |
0 |
0 |
20% |
|
Dadra and Nagar Haveli |
269 |
279 |
4% |
|
Maharashtra |
19,355 |
23,037 |
19% |
|
Karnataka |
8,259 |
10,996 |
33% |
|
Goa |
317 |
420 |
32% |
|
Lakshadweep |
2 |
2 |
14% |
|
Kerala |
1,932 |
2,485 |
29% |
|
Tamil Nadu |
7,642 |
9,540 |
25% |
|
Puducherry |
152 |
204 |
34% |
|
Andaman and Nicobar Islands |
26 |
23 |
-10% |
|
Telangana |
3,854 |
4,284 |
11% |
|
Andhra Pradesh |
2,879 |
3,579 |
24% |
|
Ladakh |
19 |
33 |
74% |
|
Other Territory |
137 |
227 |
66% |
|
Center Jurisdiction |
189 |
140 |
-26% |
|
Grand Total |
96,430 |
1,13,596 |
18% |