Sunday, February 5, 2023

Latest Posts

GST collections grow 15 pc to Rs 1.49 lakh cr in December

New Delhi: 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 monthly GST revenues more than Rs 1.4 lakh crore for 10 straight months in a row.

According to the Finance Ministry statement, 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.

Read More :-GOLD PRICE UPDATE: BUY GOLD AT RS 32,097 10 GRAMS IN NEW YEAR

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.

Read More :- Latest Business News

Latest Posts

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -