IAS Gyan

Daily News Analysis

Goods and Services Tax (GST) Collections

2nd January, 2023 Economy

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  • India’s Goods and Services Tax (GST) revenues rose to nearly ₹1.5 lakh crore in December 2022, 15% higher than a year ago.


  • On a sequential basis, while there was a 2.5% rise in revenues from November to December 2022, the number of e-way bills generated went up 3.95% to 7.9 crore in December.
  • Revenues from domestic transactions rose 18% overall. Bihar reported the highest growth in revenues at 36%.
  • Among the Union Territories, Ladakh reported a sharp 68% spike in revenues. However, Daman and Diu reported a whopping 86% drop in GST collections.