Government collected Rs 1.38 lakh crores as GST of January 2022

Government collected Rs 1.38 lakh crores as GST of January 2022

Question: What is the amount of GST collected in January 2022?
(a) 1.31 lakh Crore
(b) 1.33 lakh Crore
(c) 1.35 lakh Crore
(d) 1.38 lakh Crore
Answer: (d)
Related Facts:

  • GST collection in January crossed Rs 1.38 lakh Crore in January 2022.
  • The monthly GST collections in January 2022 crossed Rs 1.30 lakh crore for the fourth time in the history of GST.
  • The collections in January 2022 till 3 pm on 31 January 2022 was at Rs 1,38,394 crore.
  • January 2022 collections were 15 percent higher than collections in the same month last year and 25 percent higher than the GST revenues in January 2020.
  • Of the Rs 1,38,394 crore, CGST accounted for Rs 24,674 crore, SGST Rs 32,016 crore, IGST Rs 72,030 crore (including Rs 35,181 crore collected on import of goods) and compensation cess accounted for Rs 9,674 crore (including Rs 517 crore collected on import of goods).
  • The highest monthly GST collection has been Rs 1,39,708 crore in the month of April 2021.

BY: AMIT GUPTA

Reference: https://www.google.com/amp/s/wap.business-standard.com/article-amp/economy-policy/gst-collection-at-rs-1-38-trn-in-january-2022-finmin-122013101477_1.html