November 2022 GST Revenue Crosses Rs 1.45 Lakh Crore

November 2022 GST Revenue Crosses Rs 1.45 Lakh Crore

Monthly GST income exceeded Rs 1.4 lakh crore for 9 consecutive months.

Revenues from imports of goods increased by 20% from the same month last year, and revenues from domestic transactions (including imports of services) increased by 8%.

Rs 1,45,867 crore is total GST income collected in November 2022, Rs 25,681 crore is CGST, Rs 32,651 crore is SGST, Rs 77,103 crore is IGST (Rs 38,635 crore collected on import of goods). includes. Rs 10,433 cr is the cess (contributing to Rs 817 crore collected on importation of goods).

As a regular settlement, the Government has settled Rs 3,3997 crore to CGST and Rs 2,8538 crore to SGST from IGST. After the regular settlement in November 2022, the total revenue of the Center and State is Rs 59678 crore in CGST and Rs 61189 crore in SGST. For State/UT, the center released Rs 17000 cr as his GST compensation in November 2022.