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The GST collections for December 2022 stood at Rs 1,49,507 crore — 2.5 per cent greater than Rs 1,45,867 crore collected in November 2022, in keeping with figures launched by the Finance Ministry on Sunday.
Nonetheless, on year-on-year foundation, GST income collected for December 2022 was 15 per cent greater than collections of December 2021, which was Rs 1,29,780 crore.
Month-to-month GST revenues greater than Rs 1.4 lakh crore for 10 straight months in a row, the figures talked about.
The gross GST income collected throughout 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 (together with Rs 40,263 crore collected on import of products) and cess is Rs 11,005 crore (together with Rs 850 crore collected on import of products).
The federal government has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST as common settlement.
The full income of the Centre and the states after common settlements in December 2022 is Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST.
–IANS
ans/pgh
(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
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