Gross GST collection in June 2022 is the second highest collection next to the April 2022 collection

The gross GST revenue collected in the month of June 2022 is ₹144,616 crore of which CGST is ₹25,306 crore, SGST is ₹32,406 crore, IGST is ₹75887 crore (including ₹40102 crore collected on import of goods) and cess is ₹11,018 crore (including ₹ 1197 crore collected on import of goods). The gross GST collection in June 2022 is the second highest collection next to the April 2022 collection of ₹1,67,540 crore.

The government has settled ₹29,588 crore to CGST and ₹24,235 crore to SGST from IGST. In addition, Centre has also settled ₹27,000 crore of IGST on ad-hoc basis in the ratio of 50:50 between Centre and States/UTs in this month. The total revenue of Centre and the States in the month of June 2022 after regular and adhoc settlement is ₹68,394 crore for CGST and ₹70,141 crore for the SGST.

The revenues for the month of June 2022 are 56% higher than the GST revenues in the same month last year of ₹92,800 crore. During the month, revenues from import of goods was 55% higher and the revenues from domestic transaction (including import of services) are 56% higher than the revenues from these sources during the same month last year.

This is the fifth time the monthly GST collection crossed ₹1.40 lakh crore mark since inception of GST and fourth month at a stretch since March 2022. The collection in June’2022 is not only be the second highest but also has broken the trend of being low collection month as observed in the pastTotal number of e-way bills generated in the month of May 2022 was 7.3 crore, which is 2% less than 7.4 crore e-way bills generated in the month of April 2022.

The average monthly gross GST collection for the first quarter of the FY 2022-23 has been ₹1.51 lakh crore against the average monthly collection of ₹1.10 lakh crore in the first quarter of the last Financial year showing an increase of 37%. Coupled with economic recovery, anti-evasion activities, especially action against fake billers have been contributing to the enhanced GST. The gross cess collection in this month is the highest since introduction of GST.

The chart below shows trends in monthly gross GST revenues since 2017-18. The table shows the state-wise figures of GST collected in each State during the month of June 2022 as compared to June 2021.

State-wise growth of GST Revenues during June 2022[1]

State

Jun-21

Jun-22

Growth

Jammu and Kashmir

300

372

24%

Himachal Pradesh

519

693

34%

Punjab

1,111

1,683

51%

Chandigarh

120

170

41%

Uttarakhand

702

1,281

82%

Haryana

3,801

6,714

77%

Delhi

2,656

4,313

62%

Rajasthan

2,176

3,386

56%

Uttar Pradesh

4,588

6,835

49%

Bihar

889

1,232

39%

Sikkim

212

256

21%

Arunachal Pradesh

33

59

77%

Nagaland

30

34

11%

Manipur

22

39

78%

Mizoram

17

26

49%

Tripura

43

63

47%

Meghalaya

105

153

46%

Assam

662

972

47%

West Bengal

2,744

4,331

58%

Jharkhand

2,032

2,315

14%

Odisha

3,000

3,965

32%

Chhattisgarh

2,230

2,774

24%

Madhya Pradesh

2,098

2,837

35%

Gujarat

6,128

9,207

50%

Daman and Diu

0

0

-13%

Dadra and Nagar Haveli

243

350

44%

Maharashtra

13,722

22,341

63%

Karnataka

5,103

8,845

73%

Goa

256

429

67%

Lakshadweep

0

1

33%

Kerala

998

2,161

116%

Tamil Nadu

4,380

8,027

83%

Puducherry

104

182

75%

Andaman and Nicobar Islands

12

22

94%

Telangana

2,845

3,901

37%

Andhra Pradesh

2,051

2,987

46%

Ladakh

6

13

118%

Other Territory

127

205

61%

Centre Jurisdiction

164

143

-12%

Grand Total

66,229

1,03,317

56%

 

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