Meghalaya continues to show a rise in GST revenues on a year-on-year basis.
As per the Finance Ministry data, the State has registered a 15 per cent jump in GST collection in December 2022 as compared to December 2021.
In December 2022, the GST collection from Meghalaya was Rs 171 crore.
In December 2021, the GST revenues from the State were only Rs 149 crore.
The gross GST revenue collected during December 2022 in the country is 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 Central 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.
The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year. During the month, revenues from import of goods were 8 per cent higher and the revenues from domestic transaction (including import of services) are 18 per cent 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.