gst: Authorities collects Rs 1,47,686 cr GST income in September

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GST collections in September rose 26 per cent to over Rs 1.47 lakh crore, the finance ministry stated on Saturday. Items and Companies Tax (GST) clonclusion has been over Rs 1.40 lakh crore for seven months in a row.

The gross GST income collected within the month of September 2022 is Rs 1,47,686 crore, of which Central GST is Rs 25,271 crore, State GST is Rs 31,813 crore, Built-in GST is Rs 80,464 crore (together with Rs 41,215 crore collected on import of products) and Cess is Rs 10,137 crore (together with Rs 856 crore collected on import of products), the ministry stated in a press release.

The authorities generated 26% increased revenues within the month of September 2022 compared with the identical month final yr. The products import income was recorded 39% increased and the revenues from home transaction (together with import of providers) are 22% increased than the revenues from these sources throughout the identical month final yr.

In the course of the month of August 2022, 7.7 crore e-way payments have been generated, which was marginally increased than 7.5 crore in July 2022.

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