scorecardresearchGST collections up 15% in December at ₹149,507 crore

GST collections up 15% in December at 149,507 crore

Updated: 02 Jan 2023, 08:26 AM IST
TL;DR.
The gross revenue from goods and services tax (GST) rose 15 percent year-on-year to 149,507 crore in December 2022, according to government data released on Sunday.
In September last year, the GST Council decided to rectify the inverted duty structure for footwear and textiles.

In September last year, the GST Council decided to rectify the inverted duty structure for footwear and textiles.

(ANI): The gross revenue from goods and services tax (GST) rose 15 percent year-on-year to 149,507 crore in December 2022, according to government data released on Sunday.

The government collected 129,780 crore as gross GST revenue in December 2021.

Of the total GST collected in December, CGST was 26,711 crore, SGST was 33,357 crore, IGST was 78,434 crore (including 40,263 crore collected on import of goods) and cess was 11,005 crore (including 850 crore collected on import of goods), data revealed.

Notably, monthly GST revenues have been more than 1.4 lakh crore for 10 straight months in a row now.

In November, gross GST revenue collection was 145,867 crore, an increase of 11 per cent over last year's corresponding month.

First Published: 02 Jan 2023, 08:26 AM IST