The GST revenue increased in August by 28 per cent higher than the GST revenues in the same month last year, which was Rs. 1,12,020 crore.

In the same month, the revenues from import of goods was 57 per cent higher and the same from domestic transactions (including import of service) are 19 per cent higher than the revenues from these sources during the same month last year.

Continuing to display a very high buoyancy for six months in a row now, the monthly GST revenues have been more than Rs. 1.4 lakh crores mark.

Emphasizing the various measures taken by the GST council, NITI Aayog stated that the measures had been to ensure better compliance. NITI Aayog has credited the success to better reporting coupled with economic recovery for the positive impact on GST revenues on a consistent basis.

The Gross Revenue collected in the month of August 2022 is Rs. 1, 43, 612 crore of which Central Goods and Services Tax (CGST) is Rs. 24, 710 crores while the State Goods and Sevices Tax is Rs. 30, 951 crores. The Integrated Goods and Services Tax is Rs. 77,782 crores (Including ₹ 42,067 crore collected on import of goods) and cess is ₹ 10,168 crore (including ₹ 1,018 crore collected on import of goods).

Total state wise growth of GST revenues in August 2022 is 19 per cent. The growth from Other Territory is highest with a growth of 106 percent.

"Under Section 2 (81) by other territory we mean territories other than those comprising a State and those referred to sub clauses (a) to (e) of clause (114). This is followed by Mizoram with a growth of 78 per cent and Ladakh with 34 per cent," the Aayog reported.

The lowest growth is from Lakswadeep with growth of -73 per cent, Manipur with a growth of -22 per cent and Andaman and Nicobar Islands with -21 percent. Assam has a growth of 10 per cent.

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