Ministry of Finance
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₹1,40,885 crore gross GST Revenue collection for May 2022; increase of 44% year-on-year

GST collection crosses ₹1.40 lakh crore mark 4th time since inception of GST; 3rd month at a stretch since March 2022

Posted On: 01 JUN 2022 1:28PM by PIB Delhi

The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore (including ₹ 37469 crore collected on import of goods) and cess is ₹10,502 crore (including ₹931 crore collected on import of goods).

The government has settled ₹27,924 crore to CGST and ₹23,123 crore to SGST from IGST. The total revenue of Centre and the States in the month of May 2022 after regular settlement is ₹52,960 crore for CGST and ₹55,124 crore for the SGST. In addition, Centre has also released GST compensation of ₹86912 crores to States and UTs on 31.05.2022.

The revenues for the month of May 2022 are 44% higher than the GST revenues in the same month last year of ₹97,821 crore. During the month, revenues from import of goods was 43% higher and the revenues from domestic transaction (including import of services) are 44% higher than the revenues from these sources during the same month last year.

This is only the fourth time the monthly GST collection crossed ₹1.40 lakh crore mark since inception of GST and third month at a stretch since March 2022. The collection in the month of May, which pertains to the returns for April, the first month of the financial year, has always been lesser than that in April, which pertains to the returns for March, the closing of the financial year. However, it is encouraging to see that even in the month of May 2022, the gross GST revenues have crossed the ₹1.40 lakh crore mark. Total number of e-way bills generated in the month of April 2022 was 7.4 crore, which is 4% lesser than 7.7 crore e-way bills generated in the month of March 2022.

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 May 2022 as compared to May 2021.

State-wise growth of GST Revenues during May 2022[1]

State

May-21

May-22

Growth

Jammu and Kashmir

232

372

60%

Himachal Pradesh

540

741

37%

Punjab

1,266

1,833

45%

Chandigarh

130

167

29%

Uttarakhand

893

1,309

46%

Haryana

4,663

6,663

43%

Delhi

2,771

4,113

48%

Rajasthan

2,464

3,789

54%

Uttar Pradesh

4,710

6,670

42%

Bihar

849

1,178

39%

Sikkim

250

279

12%

Arunachal Pradesh

36

82

124%

Nagaland

29

49

67%

Manipur

22

47

120%

Mizoram

15

25

70%

Tripura

39

65

67%

Meghalaya

124

174

40%

Assam

770

1,062

38%

West Bengal

3,590

4,896

36%

Jharkhand

2,013

2,468

23%

Odisha

3,197

3,956

24%

Chattisgarh

2,026

2,627

30%

Madhya Pradesh

1,928

2,746

42%

Gujarat

6,382

9,321

46%

Daman and Diu

0

0

153%

Dadra and Nagar Haveli

228

300

31%

Maharashtra

13,565

20,313

50%

Karnataka

5,754

9,232

60%

Goa

229

461

101%

Lakshadweep

0

1

148%

Kerala

1,147

2,064

80%

Tamil Nadu

5,592

7,910

41%

Puducherry

123

181

47%

Andaman and Nicobar Islands

48

24

-50%

Telangana

2,984

3,982

33%

Andhra Pradesh

2,074

3,047

47%

Ladakh

5

12

134%

Other Territory

121

185

52%

Center Jurisdiction

141

140

0%

Grand Total

70,951

1,02,485

44%

 

 


[1]Does not include GST on import of goods

 

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