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Nagaland registers highest jump in collection of GST by 30 pc in December

BNE News Desk


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Guwahati: Nagaland registered a highest jump in collection of Goods and Services Tax (GST) among all the North Eastern states by 30 per cent at Rs 44 crore for December 2022 compared to the same period in the previous year.

Data released by the government showed that, NER region’s biggest economy Assam posted a rise in GST collection by 13 per cent at Rs 1,150 crore for the same period.

Arunachal Pradesh posted a 27 per cent rise in collection of GST at Rs 67 crore, while Mizoram clocked a growth in GST collection for December 2022 by 16 per cent at RS 23 crore.

Meghalaya and Tripura’s GST collection grew by 15 per cent respectively. However, Manipur clocked a negative growth by 5 per cent in December 2022.

The gross GST revenue collected during December 2022 was Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods).

The Government has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST as regular settlement.
The total revenue of Centre and the States after regular settlements in the month of December 2022 is Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST, a statement said.

The revenues for the month of December 2022 are 15% higher than the GST revenues in the same month last year.

During the month, revenues from import of goods was 8% higher and the revenues from domestic transaction (including import of services) are 18% higher than the revenues from these sources during the same month last year.

During the month of November, 2022, 7.9 crore e-way bills were generated, which was significantly higher than 7.6 crore e-way bills generated in October, 2022.

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BNE News Desk