Saturday, July 19, 2025
spot_img

GST collections stood at Rs 1,45,867 cr in Nov, 11% rise year-on-year

Date:

Share post:

spot_imgspot_img

New Delhi, Dec 1: GST collections for November stood at Rs 1,45,867 crore, which were up by 11 per cent year-on-year, according to data released by the Finance Ministry on Thursday.

Monthly GST revenues have been more than Rs 1.4 lakh crore for nine straight months now.

Revenues from import of goods were 20 per cent higher and revenues from domestic transaction (including import of services) were 8 per cent higher than the same month last year.

The gross GST revenue collected in November 2022 were Rs 1,45,867 crore of which CGST was Rs 25,681 crore, SGST Rs 32,651 crore, IGST Rs 77,103 crore (including Rs 38,635 crore collected on import of goods) and cess Rs 10,433 crore (including Rs 817 crore collected on import of goods)

The government has settled Rs 33,997 crore to CGST and Rs 28,538 crore to SGST from IGST as regular settlement.

The total revenue of the Centre and states after regular settlements November was Rs 59,678 crore for CGST and Rs 61,189 crore for the SGST.

In addition to this, the Centre had also released Rs 17,000 crore as GST compensation to states and UTs in November.

IANS

spot_imgspot_img

Related articles

Baksho Bondi to open Indian Film Festival of Melbourne

Actor Tillotama Shome’s Bengali film Baksho Bondi will serve as the opening at the 2025 edition of the...

Tiger Shroff surprises dad Jackie during Hunter S2 trailer launch

Actor Jackie Shroff received a big surprise during the trailer launch of his forthcoming action series Hunter 2...

‘Meant for global domination’

Bebo wishes PeeCee on her 43rd birthday Actress Kareena Kapoor said ‘You were meant for global domination’ as she...