GST collection tops Rs 138 lakh cr in Jan
New Delhi Jan 31 PTI GST collection in January crossed Rs 138 lakh crore in January a growth of 15 per cent over the year-ago period Total number of GSTR-3B returns filed up to January 30 2022 is 105 crore that includes 36 lakh quarterly returns the Finance Ministry said January is the fourth straight month when Goods and Services Tax collection has crossed Rs 130 lakh crore The gross GST revenue collected in the month of January 2022 till 3 PM on 31012022 is Rs 138394 crore of which CGST is Rs 24674 crore SGST is Rs 32016 crore IGST is Rs 72030 crore including Rs 35181 crore collected on import of goods and cess is Rs 9674 crore including Rs 517 crore collected on import of goods the ministry said The highest monthly GST collection has been Rs 139708 crore in the month of April 2021 The revenues for the month of January 2022 are 15 per cent higher than the GST revenues in the same month last year and 25 per cent higher than the GST revenues in January 2020 Coupled with economic recovery anti-evasion activities especially action against fake billers have been contributing to the enhanced GST The improvement in revenue has also been due to various rate rationalisation measures undertaken by the Council to correct inverted duty structure the ministry said It is expected that the positive trend in the revenues will continue in the coming months as well it added PTI JD MKJ
New Delhi Jan 31 PTI GST collection in January crossed Rs 138 lakh crore in January a growth of 15 per cent over the year-ago period Total number of GSTR-3B returns filed up to January 30 2022 is 105 crore that includes 36 lakh quarterly returns the Finance Ministry said January is the fourth straight month when Goods and Services Tax collection has crossed Rs 130 lakh crore The gross GST revenue collected in the month of January 2022 till 3 PM on 31012022 is Rs 138394 crore of which CGST is Rs 24674 crore SGST is Rs 32016 crore IGST is Rs 72030 crore including Rs 35181 crore collected on import of goods and cess is Rs 9674 crore including Rs 517 crore collected on import of goods the ministry said The highest monthly GST collection has been Rs 139708 crore in the month of April 2021 The revenues for the month of January 2022 are 15 per cent higher than the GST revenues in the same month last year and 25 per cent higher than the GST revenues in January 2020 Coupled with economic recovery anti-evasion activities especially action against fake billers have been contributing to the enhanced GST The improvement in revenue has also been due to various rate rationalisation measures undertaken by the Council to correct inverted duty structure the ministry said It is expected that the positive trend in the revenues will continue in the coming months as well it added PTI JD MKJ
