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TMI Blog₹ 1,33,026 crore Gross GST Revenue collected for February 2022X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 1,33,026 crore Gross GST Revenue collected for February 2022 - Goods and Services Tax - GST Dated:- 1-3-2022 - News - ₹ 1,33,026 crore Gross GST Revenue collected for February 2022 GST collection crossed ₹ 1.30 lakh crore mark for the 5th time Revenues for the month of February 2022 18% higher than the GST revenues in the same month last year and 26% higher than the GST revenues in February 2020 The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is ₹ 24,435 crore , SGST is ₹ 30,779 crore , IGST is ₹ 67,471crore (including ₹ 33,837 crore collected on import of goods) and cess is ₹ 10,340 crore (including ₹ 638 crore c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ollected on import of goods). The government has settled ₹ 26,347 crore to CGST and ₹ 21,909 crore to SGST from IGST. The total revenue of Centre and the States in the month of February 2022 after regular settlement is ₹ 50,782 crore for CGST and ₹ 52,688 crore for the SGST. The revenues for the month of February 2022 are 18% higher than the GST revenues in the same month last year and 26% higher than the GST revenues in February 2020. During the month, revenues from import of goods was 38% higher and the revenues from domestic transaction (including import of services) are 12% higher than the revenues from these sources during the same month last year. February, being a 28-day month, normally witnesses reve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nues lower than that in January. This high growth during February 2022 should also be seen in the context of partial lockdowns, weekend and night curfews and various restrictions that were put in place by various States due to the omicron wave, which peaked around 20 th January. This is for the fifth time GST collection has crossed ₹ 1.30 lakh crore mark. Since implementation of GST, for the first time, GST cess collection crossed ₹ 10,000 crore mark, which signifies recovery of certain key sectors, especially, automobile sales. 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 February 2022 as compa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... red to February 2021. State-wise growth of GST Revenues during February 2022 1 State Name Feb-21 Feb-22 Growth Jammu and Kashmir 330 326 -1% Himachal Pradesh 663 657 -1% Punjab 1,299 1,480 14% Chandigarh 149 178 20% Uttarakhand 1,181 1,176 0% Haryana 5,590 5,928 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6% Delhi 3,727 3,922 5% Rajasthan 3,224 3,469 8% Uttar Pradesh 5,997 6,519 9% Bihar 1,128 1,206 7% Sikkim 222 222 0% Arunachal Pradesh 61 56 -9% Nagaland 35 33 -6% Manipur 32 39 20% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mizoram 21 24 15% Tripura 63 66 4% Meghalaya 147 201 37% Assam 946 1,008 7% West Bengal 4,335 4,414 2% Jharkhand 2,321 2,536 9% Odisha 3,341 4,101 23% Chhattisgarh 2,453 2,783 13% Madhya Pradesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2,792 2,853 2% Gujarat 8,221 8,873 8% Daman and Diu 3 0 -92% Dadra and Nagar Haveli 235 260 11% Maharashtra 16,104 19,423 21% Karnataka 7,581 9,176 21% Goa 344 364 6% Lakshadweep 0 1 74% Kerala 1,80 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 2,074 15% Tamil Nadu 7,008 7,393 5% Puducherry 158 178 13% Andaman and Nicobar Islands 23 22 -5% Telangana 3,636 4,113 13% Andhra Pradesh 2,653 3,157 19% Ladakh 9 16 72% Other Territory 134 136 1% Center Jurisdiction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 129 167 29% Grand Total 88,102 98,550 12% 1 Does not include GST on import of goods - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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