India’s GST mop-up rose sharply in August 2022, with gross revenues of Rs 1,43,612 crore—up 28% year-on-year, according to the Finance Ministry. The result pushed monthly GST collections past Rs 1.4 lakh crore for the sixth consecutive month, underscoring sustained momentum in tax collections despite shifting economic conditions.
India’s GST collection for November has reached Rs 1,45,867 crore, up 11% year-on-year. The Centre transferred Rs 33,997 crore to CGST and Rs 28,538 crore to SGST from IGST through regular settlements. After these transfers, Centre and States recorded Rs 59,678 crore in CGST and Rs 61,189 crore in SGST, alongside Rs 17,000 crore released as GST compensation to States and UTs.
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