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GST Revenue collection for April 2022 highest ever at Rs 1.68 lakh crore

GST highest collection forever

Gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month

The gross GST revenue collected in the month of April, 2022 is Rs 1,67,540 crore of which CGST is Rs  33,159 crore, SGST is Rs  41,793 crore, IGST is Rs  81,939 crore (including Rs  36,705 crore collected on import of goods) and cess is Rs  10,649 crore (including Rs  857 crore collected on import of goods).

The gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month.

The government has settled Rs 33,423 crore to CGST and Rs 26962 crore to SGST from IGST. The total revenue of Centre and the States in the month of April 2022 after regular settlement is Rs 66,582 crore for CGST and Rs 68,755 crore for the SGST.

The revenues for the month of April 2022 are 20% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 30% higher and the revenues from domestic transaction (including import of services) are 17% higher than the revenues from these sources during the same month last year.

For the first time gross GST collection has crossed Rs 1.5 lakh crore mark. Total number of e-way bills generated in the month of March 2022 was 7.7 crore, which is 13% higher than 6.8 crore e-way bills generated in the month of February 2022, which reflects recovery of business activity at faster pace.

Month of April 2022 saw the highest ever tax collection in a single day on 20th April 2022 and highest collection during an hour, during 4 PM to 5PM on that day. On 20th April 2022, Rs  57,847 crore was paid through 9.58 lakh transactions and during 4-5 PM, almost Rs  8,000 crore was paid through 88,000 transactions. The highest single day payment last year (on the same date) was Rs  48,000 crore through 7.22 lakh transactions and highest one hour collection (2-3PM on the same date last year) was Rs  6,400 crore through 65,000 transactions.

During April 2022, 1.06 crore GST returns in GSTR-3B were filed, of which 97 lakh pertained to the month of March 2022, as compared to total 92 lakh returns filed during April 2021. Similarly, during April 2022, 1.05 crore statements of invoices issued in GSTR-1 were filed. Till end of the month, the filing percentage for GSTR-3B in April 2022 was 84.7% as compared to 78.3% in April 2021 and the filing percentage for GSTR-1 in April 2022 was 83.11% as compared to 73.9% in April 2021.

This shows clear improvement in the compliance behaviour, which has been a result of various measures taken by the tax administration to nudge taxpayers to file returns timely, to making compliance easier and smoother and strict enforcement action taken against errant taxpayers identified based on data analytics and artificial intelligence.

The chart below shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of April 2022 as compared to April 2021.

State-wise growth of GST Revenues during April 2022

State

Apr-21

Apr-22

                Growth

Jammu and Kashmir

509

560

10%

Himachal Pradesh

764

817

7%

Punjab

1,924

1,994

4%

Chandigarh

203

249

22%

Uttarakhand

1422

1887

33%

Haryana

6658

8197

23%

Delhi

5053

5871

16%

Rajasthan

3,820

4,547

19%

Uttar Pradesh

7,355

8,534

16%

Bihar

1,508

1,471

-2%

Sikkim

258

264

2%

Arunachal Pradesh

103

196

90%

Nagaland

52

68

32%

Manipur

103

69

-33%

Mizoram

57

46

-19%

Tripura

110

107

-3%

Meghalaya

206

227

10%

Assam

1151

1313

14%

West Bengal

5236

5644

8%

Jharkhand

2956

3100

5%

Odisha

3849

4910

28%

Chattisgarh

2673

2977

11%

Madhya Pradesh

3050

3339

9%

Gujarat

9632

11264

17%

Daman and Diu

1

0

-78%

Dadra and Nagar Haveli

292

381

30%

Maharashtra

22013

27495

25%

Karnataka

9955

11820

19%

Goa

401

470

17%

Lakshadweep

4

3

-18%

Kerala

2466

2689

9%

Tamil Nadu

8849

9724

10%

Puducherry

169

206

21%

Andaman and Nicobar Islands

61

87

44%

Telangana

4262

4955

16%

Andhra Pradesh

3345

4067

22%

Ladakh

31

47

53%

Other Territory

159

216

36%

Center Jurisdiction

142

167

17%

GRAND TOTAL

1,10,804

1,29,978

17%

Press Release

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