September GST collection rise 26% to over Rs 1.47 lakh crore

The Ministry of Finance said, "Another milestone crossed in September with more than 1.1 crore e-way bills and e-invoices, combined (72.94 lakh e-invoices and 37.74 lakh e-way bills), generated without any glitch on the GST portal run by NIC on 30th September 2022." During August, 7.7 crore e-way bills were generated.

ET Now Digital

Updated Oct 1, 2022, 13:48 IST

New Delhi: The gross GST revenue collected in the month of September 2022 is Rs 1,47,686 crore, up from Rs 1,43,612 crore last month. The revenues for September are 26 per cent higher than what was collected in the same month last year - Rs 1,17,010 crore.

During the month, revenues from import of goods was 39 per cent higher and the revenues from domestic transaction (including import of services) are 22 per cent higher than the revenues from these sources during the same month last year.

Of the gross GST revenue collected in September, CGST is Rs 25,271 crore, SGST is Rs 31,813 crore, IGST is Rs 80,464 crore (including Rs 41,215 crore collected on import of goods) and Cess is Rs 10,137 crore (including Rs 856 crore collected on import of goods).

For seven months in a row, the monthly GST revenues have been more than Rs 1.4 lakh crore. The highest-ever collection was reported in April 2022 at Rs 1.68 lakh crore.

"Another milestone crossed in September with more than 1.1 crore e-way bills and e-invoices, combined (72.94 lakh e-invoices and 37.74 lakh e-way bills), generated without any glitch on the GST portal run by NIC on 30th September 2022," the Ministry of Finance said in a release.

During August, 7.7 crore e-way bills were generated, which was marginally higher than 7.5 crore in July.

The second highest single day collection of Rs 49,453 crore was recorded on September 20 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

GST collection in August 2022

The Centre had collected Rs 1,43,612 crore in GST revenues in August 2022. The revenues for the month were 28 per cent higher than the GST revenues in the same month last year of Rs 1,12,020 crore.

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