GST

The collections had touched a record high of nearly Rs 1.68 lakh crore in April. The second-highest collection was Rs 1.52 lakh crore in October.

During the month, revenue from the import of goods was 8 per cent higher and the revenue from the domestic transactions (including the import of services) was 18 per cent higher than the revenue from these sources during the same month last year. The revenues for December were 15 per cent higher than the revenues in the same month last year. The total revenue of the Centre and the states after regular settlements in the month of December 2022 was Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST.

The gross GST revenue collected during December 2022 is Rs 1,49507 crore, of which CGST is Rs 26711 crore, SGST is Rs 33357 crore, IGST is Rs 78434 crore ...

the report stated. The total [GST revenue](/topic/gst-revenue)collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, [IGST](/topic/igst)is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods).

GST revenues rose by 15 per cent in December 2022 to over Rs 1.49 lakh crore, the Finance Ministry said on Sunday. "The gross GST revenue collected during ...

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Gross GST revenue collected during December 2022 reached ₹1,49507 crore, going up by 15% compared to December 2021 | OpIndia News.

Maharashtra was the state with highest GST collection at₹23,598 crore, followed by Karnataka at ₹10,061 crore and Gujarat at ₹9,238. Gross GST collected in November 2022 was ₹145867 crore, which means collection increased by ₹3640 crore or around 2.5% in the month compared to the previous month. GST Collections had reached a record high of ₹1,67,540 crore in April this year.

Monthly Goods and Services Tax collections have now exceeded Rs 1.4 lakh crore for 10 consecutive months.

As such, post-settlement, the total revenue of the Centre and the states in December was Rs 63,380 crore and Rs 64,451 crore, respectively. Integrated GST was Rs 78,434 crore and cess was Rs 11,005 crore. India collected Rs 1.5 lakh crore as Goods and Services Tax (GST) in December, the finance ministry said on January 1. The government settled Rs 36,669 crore to Central GST and Rs 31,094 crore to State GST from Integrated GST. [GST ](https://www.moneycontrol.com/news/tags/gst.html)collections stood at Rs 1.46 lakh crore in November 2022 and Rs 1.3 lakh crore in December 2021. In December, Central GST was Rs 26,711 crore, while State GST was Rs 33,357 crore.

The monthly GST revenues more than ₹1.4 lakh crore for 10 straight months in a row.

The monthly GST revenues more than ₹1.4 lakh crore for 10 straight months in a row - The monthly GST revenues more than ₹1.4 lakh crore for 10 straight months in a row "The gross GST revenue collected during December 2022 is ₹1,49,507 crore, of which CGST is ₹26,711 crore, SGST is ₹33,357 crore, IGST is ₹78,434 crore (including ₹40,263 crore collected on import of goods) and cess is ₹11,005 crore (including ₹850 crore collected on import of goods)," the ministry said in a statement.

The revenues for December 2022 are 15 per cent higher than the GST collection in the same month last year, which itself was close to Rs 1.30 lakh crore.

Revenues from GST touched a record of about Rs 1.68 lakh crore in April. The collection in November was about Rs 1.46 lakh crore. In May, the collection was about Rs 1.41 lakh crore, June (Rs 1.45 lakh crore), July (Rs 1.49 lakh crore), August (Rs 1.44 lakh crore), September (Rs 1.48 lakh crore), October (Rs 1.52 lakh crore), November (Rs 1.46 lakh crore) and December (Rs 1.49 lakh crore). During the month, revenues from the import of goods were 8 per cent higher, and the revenues from the domestic transaction (including the import of services) are 18 per cent more than the revenues from these sources during the same month last year. The revenues for December 2022 are 15 per cent higher than the GST collection in the same month last year, which itself was close to Rs 1.30 lakh crore.

GST collections have now remained above Rs1.4 trillion mark for the tenth straight month, the finance ministry said.

If the trend continues, overall GST collection may exceed the budgetary estimate by Rs 1.3-1.4 trillion, experts estimate. Gross goods and services tax (GST) ...

“The headline GST numbers remain robust. Between April and December, CGST collection stood at more than Rs 5.5 trillion. Of the mop-up in December, central CGST was Rs 26,711 crore, State GST Rs 33,357 crore, integrated GST Rs 78,434 crore (including Rs 40,263 crore collected on imports of goods), and cess Rs 11,005 crore (including Rs 850 crore collected on imports of goods), the data showed. [GST](/topic/gst) collection touched a record high of Rs 1.68 trillion in April and touched over Rs 1.51 trillion in October. [GST](/topic/gst) collection may exceed the budgetary estimate by Rs 1.3-1.4 trillion, experts estimate. Gross goods and services tax (GST) collection for December rang up over Rs 1.49 trillion, the data released by the

Monthly GST revenues more than Rs1.4 lakh crore for 10 straight months in a row, the figures mentioned. The gross GST revenue collected during December 2022 is ...

The government has settled Rs36,669 crore to CGST and Rs31,094 crore to SGST from IGST as regular settlement. Monthly GST revenues more than Rs1.4 lakh crore for 10 straight months in a row, the figures mentioned. New Delhi: The GST collections for December 2022 stood at Rs1,49,507 crore, 2.5 per cent more than Rs1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday.

While welcoming both these developments unequivocally, the occasion should be used to push the envelope on making GST more simple and business friendly.

While welcoming both these developments unequivocally, the occasion should be used to push the envelope on making GST more simple and business friendly. To be sure, a final verdict on whether GST has broken out of its initial revenue disappointment must be reserved to account for two future possibilities. As far as the widening of the tax net is concerned, this could be a positive effect of the increasing formalisation of the economy.

GST collections have remained above the ₹1.4-trillion mark for the 10th straight month, the finance ministry said in a statement on Sunday, indicating the ...

New DelhiThe Goods and Services Tax (GST) revenue in December 2022 recorded a 15 | Latest News India.

“The government has settled ₹36,669 crore to CGST and ₹31,094 crore to SGST from IGST as regular settlement. Sequentially, collections in December were about 2.5% higher than the ₹1,45,867 crore revenue of the preceding month. All imports are treated as interstate supplies and accordingly, IGST is levied on them in addition to the applicable customs duties. According to the official data for December 2022, key manufacturing states have also shown a double-digit growth in revenue on an annualised basis. According to experts, the GST revenue is a weathervane of economic health and the collections in December — reflecting actual transactions undertaken in November — show a good health of business activities. Electronic way bills are a digital compliance mechanism under the GST regime to track the movement of goods.

The ministry in its statement on Sunday said 7.9 crore e-way bills (electronic bills for movement of goods across the country) were generated in November, ...

IGST — tax levied on all inter-state supplies of goods and services — is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods). The government has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST. During the month, revenues from import of goods was 8% higher and the revenues from domestic transaction (including import of services) are 18% higher than the revenues from these sources during the same month last year,” it said.

Revenues from import of goods was 8% higher, while the revenues from domestic transactions are 18 per cent higher.

The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 8 per cent higher and the revenues from domestic transaction (including import of services) are 18 per cent higher than the revenues from these sources during the same month last year. GST revenues rose by 15 per cent in December 2022 to over ₹1.49 lakh crore, the Finance Ministry said on Sunday.