Goods and Services Tax – GST Dated:- 1-6-2022 – News – ₹1,40,885 crore gross GST Revenue collection for May 2022; increase of 44% year-on-year GST collection crosses ₹1.40 lakh crore mark 4th time since inception of GST; 3rd month at a stretch since March 2022 The gross GST revenue collected in the month of May 2022 is ₹ 1,40,885 crore of which CGST is ₹ 25,036 crore, SGST is ₹ 32,001 crore, IGST is ₹ 73,345 crore (including ₹ 37469 crore collected on import of goods) and cess is ₹ 10,502 crore (including ₹ 931 crore collected on import of goods). The government has settled ₹ 27,924 crore to CGST and ₹ 23,123 crore to SGST from IGST. The total revenue of Centre and the States in the month of May 2022 after regular settlement is ₹52,960 crore for CGST and ₹55,124 crore for the SGST. In addition, Centre has also released GST compensation of ₹ 86912 crores to States and UTs on
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
lesser than 7.7 crore e-way bills generated in the month of March 2022. 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 May 2022 as compared to May 2021. State-wise growth of GST Revenues during May 2022 1 State May-21 May-22 Growth Jammu and Kashmir 232 372 60% Himachal Pradesh 540 741 37% Punjab 1,266 1,833 45% Chandigarh 130 167 29% Uttarakhand 893 1,309 46% Haryana 4,663 6,663
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
Assam 770 1,062 38% West Bengal 3,590 4,896 36% Jharkhand 2,013 2,468 23% Odisha 3,197 3,956 24% Chattisgarh 2,026 2,627 30% Madhya Pradesh 1,928 2,746 42% Gujarat 6,382 9,321 46% Daman and Diu 0 0 153% Dadra and Nagar Haveli 228 300 31% Maharashtra 13,565 20,313 50% Karnataka 5,75
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =