The collection of GST revenue in Meghalaya continues to grow on a year-on-year basis.
According to the Union Finance Ministry, Meghalaya recorded a 6 per cent growth in GST revenue collection in November this year as compared to November last year.
The GST collection from the State in November this year was Rs 162 crore. In November last year, the collection was Rs 152 crore.
All over the country, the revenues for the month of November 2022 are 11 per cent higher than the GST revenues in the same month last year, which itself was Rs 1.31,526 crore.
The gross GST revenue collected in the entire country in the month of November 2022 is Rs1,45,867 crore of which CGST is Rs 25,681 crore, SGST is Rs 32,651 crore, IGST is Rs 77,103 crore (including Rs 38,635 crore collected on import of goods) and Cess is Rs 10,433 crore (including Rs 817 crore collected on import of goods)
The total revenue of Centre and the states after regular settlements in the month of November this year is Rs 59678 crore for CGST and Rs 61189 crore for the SGST. In addition, Centre had also released Rs 17,000 crore as GST compensation to states and union territories in November this year.