Rs 1,49,507 crore GST Revenue collected for December 2022, records increase of 15% Year-on-Year

Monthly GST revenues more than Rs 1.4 lakh crore for 10 straight months in a row

The gross 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 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 as regular settlement. The total revenue of Centre and the States after regular settlements in the month of December 2022 is Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST.

The revenues for the month of December 2022 are 15% higher than the GST revenues in the same month last year. 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. During the month of November, 2022, 7.9 crore e-way bills were generated, which was significantly higher than 7.6 crore e-way bills generated in October, 2022.

The chart below shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of December, 2022 as compared to December, 2021.

State-wise growth of GST Revenues (Rs crore) during December 2022^[1]

	State	Dec-21	Dec-22	Growth
1	Jammu and Kashmir	320	410	28%
2	Himachal Pradesh	662	708	7%
3	Punjab	1,573	1,734	10%
4	Chandigarh	164	218	33%
5	Uttarakhand	1,077	1,253	16%
6	Haryana	5,873	6,678	14%
7	Delhi	3,754	4,401	17%
8	Rajasthan	3,058	3,789	24%
9	Uttar Pradesh	6,029	7,178	19%
10	Bihar	963	1,309	36%
11	Sikkim	249	290	17%
12	Arunachal Pradesh	53	67	27%
13	Nagaland	34	44	30%
14	Manipur	48	46	-5%
15	Mizoram	20	23	16%
16	Tripura	68	78	15%
17	Meghalaya	149	171	15%
18	Assam	1,015	1,150	13%
19	West Bengal	3,707	4,583	24%
20	Jharkhand	2,206	2,536	15%
21	Odisha	4,080	3,854	-6%
22	Chhattisgarh	2,582	2,585	0%
23	Madhya Pradesh	2,533	3,079	22%
24	Gujarat	7,336	9,238	26%
25	Daman and Diu	2	-	-86%
26	Dadra and Nagar Haveli	232	317	37%
27	Maharashtra	19,592	23,598	20%
29	Karnataka	8,335	10,061	21%
30	Goa	592	460	-22%
31	Lakshadweep	1	1	-36%
32	Kerala	1,895	2,185	15%
33	Tamil Nadu	6,635	8,324	25%
34	Puducherry	147	192	30%
35	Andaman and Nicobar Islands	26	21	-19%
36	Telangana	3,760	4,178	11%
37	Andhra Pradesh	2,532	3,182	26%
38	Ladakh	15	26	68%
97	Other Territory	140	249	78%
99	Center Jurisdiction	186	179	-4%
	Grand Total	91,639	1,08,394	18%

 

GST revenue growth: December collections rose year on year, driven by domestic transactions and import-related receipts. Monthly Goods and Services Tax collections for December 2022 show aggregate receipts broken down by CGST, SGST, IGST (including import component) and cess, with regular IGST settlements effected to allocate funds to CGST and SGST; year on year growth is attributed to stronger domestic transactions and imports, and a state wise table highlights varied regional growth rates and e way bill activity.