<h1>India's GST Revenue Hits Rs. 1.49 Lakh Crore in July 2022, Second Highest Ever, Up 28% from Last Year.</h1> In July 2022, India collected a gross GST revenue of Rs. 1,48,995 crore, marking the second highest collection since GST's introduction and a 28% increase from July 2021. The revenue comprised Rs. 25,751 crore from CGST, Rs. 32,807 crore from SGST, Rs. 79,518 crore from IGST, and Rs. 10,920 crore from cess. The government settled Rs. 32,365 crore to CGST and Rs. 26,774 crore to SGST from IGST, resulting in total revenues of Rs. 58,116 crore for the Centre and Rs. 59,581 crore for the States. The growth is attributed to improved compliance measures and economic recovery, with significant increases in both import and domestic transaction revenues.