Lok Sabha Question No. 2424 (UNSTARRED), answered on 2022-08-01
Subject: GST Revenue
Ministry: FINANCE
Asked by: Dushyant Singh

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION NO. 2424

ANSWERED ON MONDAY, AUGUST 1, 2022/ SRAVANA 10, 1944 (SAKA)

## GST Revenue

## 2424. SHRI DUSHYANT SINGH:

Will the Minister of FINANCE be pleased to state:

- (a) the details of monthly Goods and Services Tax (GST) collections over the last two years;
- (b) whether the Government has taken specific steps to increase the monthly GST revenue;
- (c) if so, the details of the steps taken in this regard;
- (d) the details of targeted monthly GST revenue collection for the financial year 2023; and
- (e) the details of steps taken to further improve GST revenue collection?

## ANSWER

## THE MINISTER OF STATE IN MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a): (a): The details of monthly gross Goods and Services Tax (GST) collection during the FY 2020-21 and 2021-22 are as under: -

(in Rs. Crore)

| Month     | FY 2020-21   | FY 2021-22   |
|-----------|--------------|--------------|
| April     | 32,172       | 1,39,708     |
| May       | 62,151       | 97,821       |
| June      | 90,918       | 92,800       |
| July      | 87,422       | 1,16,393     |
| August    | 86,499       | 1,12,020     |
| September | 95,480       | 1,17,010     |
| October   | 1,05,155     | 1,30,127     |
| November  | 1,04,963     | 1,31,526     |
| December  | 1,15,174     | 1,29,780     |
| January   | 1,19,875     | 1,40,986     |
| February  | 1,13,143     | 1,33,026     |
| March     | 1,23,902     | 1,42,095     |

- (b)  &  (c):  The  Government, on the recommendations of the GST Council, has taken several measures for reforms in GST as mentioned below. These inter alia include:
- (i)  Structural  changes like  calibration  of  GST  rates  for  correcting  inverted  duty  structure  and pruning of exemptions;
- (ii)  Measures  for  improving  tax  compliance  such  as  mandating  e-way  bill,  ITC  matching, mandating e-invoice, deployment of artificial intelligence and machine-based analytics, aadhar authentication for registration, calibrated action on non-filers, stop filers, targeted assessmentbased action on risky tax payer, integration of e-way bill with fast tag etc.

(d): The details of Net GST (Central Government) targets for FY 2022-23 are as under: -

(in Rs. Crore)

| Tax Head                                  | BE       | Revenue Collection (April- June) [P]   | %of BE achieved till June, 2022   |
|-------------------------------------------|----------|----------------------------------------|-----------------------------------|
| Net GST [CGST + IGST + Compensation Cess] | 7,80,000 | 2,08,854                               | 26.8%                             |

Source: Receipt Budget; Pr.CCA (CBIC) [P]=Provisional

(e): The meetings of GST Council are held periodically to discuss the inputs received from trade and  industry,  GST  practitioners  and  GST  field  formations  with  an  objective  to  incorporate necessary changes in the GST Law and Rules to augment revenue and improve the Ease of Doing Business.

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