Categories: Economy

Finance Ministry: GST collection rose 28% in August to Rs 1.43 trillion

The GST collection remained above the Rs 1.4-trillion mark for the sixth straight month in August and the ensuing festival season will help continue the trend. The gross GST revenue collected in August 2022 is Rs 1.43 trillion of which CGST is Rs 24,710 crore, SGST is Rs 30,951 crore, IGST is Rs 77,782 crore (including Rs 42,067 crore collected on import of goods) and cess is Rs 10,168 crore (including Rs 1,018 crore collected on import of goods).

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

The revenues for the month of August 2022 are 28 per cent higher than the GST revenues of Rs 1,12,020 crore collected in August 2021. The collection in August is, however, lower than Rs 1.49 trillion collected in July. The mop-up was at a record high of Rs 1.67 trillion in April.

GST Collection of Previous Months in 2022

  • January: 1,40,986 crore
  • February: 1,33,026 crore
  • March: 1,42,095 crore
  • April: 1,67,540 crore
  • May: 1,40,885 crore
  • June: 1,44,616 crore
  • July: 1,48,995 crore

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Current Affairs Capsule PDF (24 June 2026)

National News Padma Awards 2026 Honor India’s Distinguished Achievers President Droupadi Murmu conferred 65 Padma…

7 hours ago

UN Chief António Guterres Launches Global Methane Action Plan Amid Escalating Climate Crisis

United Nations Secretary-General António Guterres has issued the strong warning about the growing dangers of…

10 hours ago

Rajasthan Forms 5-Member Panel to Draft Uniform Civil Code

The State government of Rajasthan has constituted a five-member committee to prepare a draft law…

10 hours ago

India’s First Made-in-India C295 Aircraft Set for IAF Delivery in September

India's first Made In India C295 transport aircraft is set to be delivered to the…

11 hours ago

BRICS Heads of Space Agencies Gather in India to Strengthen Global Space Cooperation

On 23rd to 24th June, 2026 in Bengaluru India hosting the BRICS Heads of Space…

11 hours ago

India Ranks 13th in QS World Future Skills Index 2027

India has secured the 13th position in the QS World Future Skills Index of 2027…

12 hours ago