INR 1,47,686 crore gross GST revenue collected in the month of September 2022

The gross GST revenue collected in the month of September 2022 is INR 1,47,686 crore of which CGST is INR  25,271 crore, SGST is INR 31,813 crore, IGST is INR 80,464 crore (including INR 41,215 crore collected on import of goods) and Cess is INR 10,137 crore (including INR 856 crore collected on import of goods).

The government has settled INR 31,880 crore to CGST and INR 27,403 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of September 2022 is INR 57,151 crore for CGST and INR 59,216 crore for the SGST.

The revenues for the month of September 2022 are 26% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 39% higher and the revenues from domestic transaction (including import of services) are 22% higher than the revenues from these sources during the same month last year.

This is the eighth month and for seventh months in a row now, that the monthly GST revenues have been more than the INR 1.4 lakh crore mark. The growth in GST revenue till September 2022 over the same period last year is 27%, continuing to display very high buoyancy. During the month of August 2022, 7.7 crore e-way bills were generated, which was marginally higher than 7.5 crore in July 2022.

This month witnessed the second highest single day collection of Rs. 49,453 crore on September 20, 2022 with second highest number of 8.77 lakh challans filed, next only to Rs. 57,846 crore collected on July 20, 2022 through 9.58 lakh challans, which pertained to end of the year returns. This clearly shows that the GST portal maintained by GSTN has fully stabilized and is glitch free. September also saw another milestone getting crossed when more than 1.1 crore e-way bills and e-invoices, combined (72.94 lakh e-invoices and 37.74 lakh e-way bills), were generated without any glitch on the portal run by NIC on September 30, 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 September 2022 as compared to September 2021.

The Press Release can be accessed at - https://www.pib.gov.in/PressReleasePage.aspx?PRID=1864082