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There has been an increase of 15% in GST Collection in the month of December (FY 2022-23) as compared to the month of December (FY 2021-22). This was stated by the Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha.
Also, the Minister stated, the monthly GST revenue is more than 1.4 lakh crore for 11 consecutive months in the FY 2022-23. The details of GST collection for FY 2022-23 are as under:
(in Rs. crore)
Month | 2021-22 | 2022-23 (till Feb, 2023) |
April | 1,39,708 | 1,67,540 |
May | 97,821 | 1,40,885 |
June | 92,800 | 1,44,616 |
July | 1,16,393 | 1,48,995 |
August | 1,12,020 | 1,43,612 |
September | 1,17,010 | 1,47,686 |
October | 1,30,127 | 1,51,718 |
November | 1,31,526 | 1,45,868 |
December | 1,29,780 | 1,49,507 |
January | 1,40,986 | 1,57,554 |
February | 1,33,026 | 1,49,577 |
GST collection growth continues year-on-year, sustaining elevated monthly receipts and signaling steady revenue performance. A reported year on year increase in GST collections reflects revenue growth across the months of FY 2022-23, with December receipts higher than the prior year and monthly GST receipts exceeding a high recurring threshold for eleven consecutive months; month by month figures for April through February show higher collections in 2022-23 compared to 2021-22.
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