GST mop-up in Sept at Rs 1.47 trn; festival season to push up revenues

GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 per cent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday.

With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

"The gross GST revenue collected in the month of September 2022 is Rs 1,47,686 crore, of which Central GST is Rs 25,271 crore, State GST is Rs 31,813 crore, Integrated GST is Rs 80,464 crore (including Rs 41,215 crore collected on import of goods) and Cess is Rs 10,137 crore (including Rs 856 crore collected on import of goods)," it said.

The GST collections had touched a record Rs 1.67 lakh crore in April, while in August it was over Rs 1.43 lakh crore.

The revenues for the month of September 2022 were 26 per cent higher than those recorded in the same month last year. During the month, revenues from import of good