2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
GST
Dated:- 31-1-2023
Rs 1,55,922 crore gross GST revenue collected in the month of January 2023
Second highest collection ever, next only to the Rs 1.68 lakh crore gross collection in April 2022
GST collection crosses Rs 1.50 lakh crore mark for the third time in FY2022-23
Revenues in the current financial year upto January 2023 24% higher than the GST revenues during the same period last year
The gross GST revenue collected in the month of January 2023 till 5:00 PM on 31.01.2023 is Rs 1,55,922 crore of which CGST is Rs 28,963 crore, SGST is Rs 36,730 crore, IGST is Rs 79,599 crore (including Rs 37,118 crore
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for the third time, in the current financial year, GST collection has crossed Rs 1.50 lakh crore mark. The GST collection in January 2023 is the second highest next only to the collection reported in April 2022. During the month of December 2022, 8.3 crore e-way bills were generated, which is the highest so far and it was significantly higher than 7.9 crore e-way bills generated in November 2022.
Over the last year, various efforts have been made to increase the tax base and improve compliance. The percentage of filing of GST returns (GSTR-3B) and of the statement of invoices (GSTR-1), till the end of the month, has improved significantly over years. The trend in return filing in the Oct-Dec quarter over last few years is as shown in the g
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