The gross GST revenue collected in the month of November 2022 accounted for ₹1,45,867 crore of which CGST was ₹25,681 crore, SGST – ₹32,651 crore, IGST -s ₹77,103 crore (including ₹38,635 crore collected on import of goods) and Cess was ₹10,433 crore (including ₹817 crore collected on import of goods)
As per the Government, it had settled ₹33,997 crore to CGST and ₹28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2022 was ₹59,678 crore for CGST and ₹61,189 crore for the SGST. In addition, Centre had also released ₹17,000 crore as GST compensation to States/UTs in November 2022.
The revenues for the month of November 2022 are 11% higher than the GST revenues in the same month last year, which itself was Rs. 1.31,526 crore. During the month, revenues from import of goods were 20% higher and the revenues from domestic transactions (including import of services) were 8% higher than the revenues from these sources during the same month last year.
