Gujarat’s GST revenue witnessed 20 percent growth in July 2022 compared to the same month last year

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New Delhi: Gross GST revenue collected in July 2022 was 1,48,995 crore of which CGST was 25,751 crore, SGST was 32,807 crore, IGST was 79,518 crore (including 41,420 crore collected for import of goods) and cess was 10,920 crore ( including 995 crore collected from imports of goods). This is the second highest revenue since the introduction of GST.

The government has paid 32,365 crore to CGST and 26,774 crore to SGST from IGST. The total revenue of the Center and the State in July 2022 after regular settlement was 58,116 crore for CGST and 59,581 crore for SGST.

Revenue for July 2022 was 28% higher than GST revenue in the same month last year of 1,16,393 crore. During the month, revenues from imports of goods increased 48% and revenues from domestic transactions (including imports of services) were 22% higher than revenues from these sources in the same month last year.

For five consecutive months now, monthly GST revenue has been more than 1.4 lakh core, showing a steady increase every month. GST revenue growth until July 2022 compared to the same period last year was 35% and shows very high buoyancy. This is a clear result of various actions taken by the Board in the past to ensure better compliance. Better reporting coupled with the economic recovery has had a consistently positive impact on GST earnings. During June 2022, 7.45 crore e-way bills were generated, which is slightly higher than 7.36 crore in May 2022.

The chart below shows trends in monthly gross GST earnings over the current year. The table shows state-by-state GST figures collected in each State during July 2022 compared to July 2021.

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GST Revenue Growth by state side during July 2022[1]

Country July 21 July 22 Growth
Jammu and Kashmir 432 431 0%
Himachal Pradesh 667 746 12%
Punjab 1,533 1,733 13%
Chandigarh 169 176 4%
Uttarakhand 1.106 1,390 26%
Haryana 5,330 6,791 27%
Delhi 3.815 4.327 13%
Rajasthan 3,129 3,671 17%
Uttar Pradesh 6.011 7.074 18%
Bihar 1,281 1,264 -1%
Sikkim 197 249 26%
Arunachal Pradesh 55 65 18%
Nagaland 28 42 48%
Manipur 37 45 20%
Mizoram 21 27 27%
Tripura 65 63 -3%
Megahalaya 121 138 14%
assam 882 1.040 18%
West Bengal 3,463 4,441 28%
Jharkhand 2.056 2.514 22%
Odisha 3,615 3,652 1%
Chattisgarh 2.432 2,695 11%
Madhya Pradesh 2,657 2,966 12%
Gujarat 7.629 9.183 20%
Daman and Diu -66%
Dadra and Nagar Haveli 227 313 38%
Maharashtra 18,899 22,129 17%
Karnataka 6,737 9.795 45%
cave 303 433 43%
Lakshadweep 1 2 69%
Kerala 1,675 2.161 29%
Tamil Nadu 6,302 8,449 34%
Puducherry 129 198 54%
Andaman and Nicobar Islands 19 23 26%
Telangana 3,610 4,547 26%
Andhra Pradesh 2,730 3,409 25%
Ladakh 13 20 54%
Other regions 141 216 54%
Central Jurisdiction 161 162 0%
The final result 87,678 1,06,580 22%

[1]Does not include GST on imported goods

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