Goods and Services Tax – GST Dated:- 1-4-2022 – News – All time high Gross GST collection in March 2022, breaching earlier record of ₹ 1,40,986 crore collected in the Month of January 2022 ₹ 1,42,095 crore gross GST revenue collected in the month The gross GST revenue collected in the month of March 2022 is ₹ 1,42,095 crore of which CGST is ₹ 25,830 crore , SGST is ₹ 32,378 crore , IGST is ₹ 74,470 crore (including ₹ 39,131 crore collected on import of goods) and cess is ₹ 9,417 crore (including ₹ 981 crore collected on import of goods). The gross GST collection in March 2022 is all time high breaching earlier record of ₹ 1,40,986 crore collected in the Month of January 2022. The government has settled ₹ 29,816 crore to CGST and ₹ 25,032 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 20,000 crore of IGST on ad-hoc basis in the ratio of 50:50 betwe
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the last quarter of the FY 2021-22 has been ₹ 1.38 lakh crore against the average monthly collection of ₹ 1.10 lakh crore, ₹ 1.15 lakh crore and 1.30 lakh crore in the first, second and third quarters respectively. Coupled with economic recovery, anti-evasion activities, especially action against fake billers have been contributing to the enhanced GST. The improvement in revenue has also been due to various rate rationalization measures undertaken by the Council to correct inverted duty structure. 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 March 2022 as compared to March 2021. State-wise growth of GST Revenues during March 2022 [1] State Mar-21 Mar-22 Growth 1 Jammu and Kashmir 352
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13% 11 Sikkim 214 230 8% 12 Arunachal Pradesh 92 105 14% 13 Nagaland 45 43 -6% 14 Manipur 50 60 18% 15 Mizoram 35 37 5% 16 Tripura 88 82 -7% 17 Meghalaya 152 181 19% 18 Assam 1,005 1,115 11% 19 West Bengal 4,387 4,472 2%
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30 Goa 344 386 12% 31 Lakshadweep 2 2 36% 32 Kerala 1,828 2,089 14% 33 Tamil Nadu 7,579 8,023 6% 34 Puducherry 161 163 1% 35 Andaman and Nicobar Islands 26 27 5% 36 Telangana 4,166 4,242 2% 37 Andhra Pradesh 2,685 3,174 18% 38 Ladakh 14 23 72%
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