Goods and Services Tax revenue trend signals improving business activity and higher monthly mop up expected in upcoming months.
Goods and Services Tax revenue collections have remained consistently above prior baselines, with September anticipated to exceed the previous month's receipts and official figures to be released on the first of the following month. Monthly receipts since April show a record high followed by steady mop-ups through August, forming the basis for an elevated annual average revenue projection tied to improving business activity.

GST Portal functionalities deliver module wise releases with accompanying webinars and instructional videos for taxpayer guidance.
Deployment of module wise enhancements on the GST Portal introduces new taxpayer functionalities across Registration, Returns, Advance Ruling, Payment, Refund and other modules, accompanied by webinars and instructional videos published on the GSTN YouTube channel. Detailed periodised compilations of implemented functionalities are made available as downloadable PDF lists and a consolidated video compilation for taxpayers to review functional changes and guidance by deployment period.

Extension to open common portal for transitional credit allows delayed commencement of Tran I and Tran II filing.
A four week extension was granted to permit delayed compliance with the court order dated 22/07/2022 concerning activation of a common portal for filing transitional Goods and Services Tax credit, and the portal will be opened for submission of transitional credit claims under Tran I and Tran II, shifting the commencement date for portal access and filing.

Input tax credit reporting: updated Table four format requires taxpayers to report availment, reversals and ineligible ITC.
The revised Table 4 of Form GSTR-3B mandates distinct reporting of ITC availment, ITC reversal and ineligible ITC; taxpayers must adopt the amended format on the GST Portal for GSTR-3B filings for the filing period beginning August onwards and ensure accurate reporting of availment, reversals and ineligible ITC in Table 4.

GST revenue growth continues with sustained monthly collections and higher import and domestic receipts reflecting improved compliance.
Gross GST revenue for August 2022 recorded component totals for CGST, SGST, IGST (including import of goods) and cess, and the government effected regular IGST settlements to CGST and SGST yielding consolidated Centre and State receipts. August receipts show notable year on year growth driven by higher import and domestic transaction collections and improved compliance measures; e way bill generation is cited as evidence of stronger reporting. A state wise comparison with August 2021 displays varied growth rates across jurisdictions and excludes GST on imports where indicated.