The collection of GST revenues in Meghalaya in September this year grew by 2 per cent as compared to September 2022.
According to the Union Finance Ministry, the GST collection in Meghalaya in September this year was Rs 165 crore. The collection in September 2022 was Rs 161 crore.
The State GST which was pre-settlement from April to September in 2023 and 2022 also saw a growth.
The State GST pre-settlement in April – September 2022-23 was Rs 227 crore. In the same period of 2023-24, the amount was Rs 311 crore. The growth was 37 per cent.
Further, post-settlement State GST of the period of April – September 2022-23 was Rs 711 crore. The amount for the period of April – September 2023-24 was Rs 860 crore. The growth was 21 per cent.
In the country, the gross GST revenue for September rose 2.2 per cent to Rs 1,62,712 crore from Rs 1,59,069 crore in August. Out of the Rs 1,62,712 crore GST collections for September, CGST was Rs 29,818 crore, SGST was Rs 37,657 crore, IGST was Rs 83,623 crore (including Rs 41,145 crore collected on import of goods) and cess was Rs 11,613 crore (including Rs 881 crore collected on import of goods).
The government settled Rs 33,736 crore to CGST and Rs 27,578 crore to SGST from IGST. The total revenue of Centre and the states in September after regular settlement was Rs 63,555 crore for CGST and Rs 65,235 crore for the SGST.
It is for the fourth time that the gross GST collection has crossed Rs 1.60 lakh crore mark in 2023-24. The gross GST collection for the first half of 2023-24 ending September (Rs 9,92,508 crore) is 11 per cent higher than the gross GST collection in the first half of 2022-23 (Rs 8,93,334 crore).
