What is the GST Collection of August 2023 in India?

GST Collection of August 2023

The gross GST revenue collected in the month of August, 2023 is ₹1,59,069 crore, which is 11% higher than the GST revenue collected in the same month last year. The revenue from import of goods was 3% higher and the revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the same month last year.

The total GST income collected in August 2023 was ₹1,59,069, of which CGST was 28.328 billion, SGST was 35.794 billion, IGST was 83.251 billion (including 43.550 billion in revenue from the import of goods), and Cess was 11.695 billion (including 1.01 billion in revenue from the import of goods).

The government has paid 31,408 crores in SGST from IGST and 37,581 crores to CGST. After routine settlement, the total income for the CGST and SGST for the month of August 2023 is 65,909 crore for the Centre and 67,202 crore for the States.

The details of the GST revenue collected in August 2023 are as follows:

  1. CGST: ₹28,328 crore
  2. SGST: ₹35,794 crore
  3. IGST: ₹83,251 crore (including ₹43,550 crore collected on import of goods)
  4. Cess: ₹11,695 crore (including ₹1,016 crore collected on import of goods)

The total revenue of Centre and the States in the month of August, 2023 after regular settlement is ₹65,909 crore for CGST and ₹67,202 crore for the SGST.

The August 2023 revenues are 11% greater than the GST revenues from the same month in the previous year. In comparison to the same month last year, the income from imports of products was up 3% and the revenue from domestic transactions, which includes the import of services, was up 14%.

The graph below illustrates the yearly trends in monthly gross GST receipts. Table 1 compares the state-by-state amounts of GST collected in each State in August 2023 to August 2022, and Table 2 lists the amounts of SGST and the SGST component of the IGST received by the States and UTs in August 2023.

Table-1: State-wise Y-o-Y growth of GST Revenue in August, 2023[1] (Rs. In crore)

State/UT

August’22

August’23

Growth(%)

Jammu and Kashmir

434

523

              21

Himachal Pradesh

709

725

                2

Punjab

1651

1813

              10

Chandigarh

179

192

                7

Uttarakhand

1094

1353

              24

Haryana

6772

7666

              13

Delhi

4349

4620

                6

Rajasthan

3341

3626

                9

Uttar Pradesh

6781

7468

              10

Bihar

1271

1379

                9

Sikkim

247

320

              29

Arunachal Pradesh

59

82

              39

Nagaland

38

51

              37

Manipur

35

40

              17

Mizoram

28

32

              13

Tripura

56

78

              40

Meghalaya

147

189

              28

Assam

1055

1148

                9

West Bengal

4600

4800

                4

Jharkhand

2595

2721

                5

Odisha

3884

4408

              14

Chhattisgarh

2442

2896

              19

Madhya Pradesh

2814

3064

                9

Gujarat

8684

9765

              12

Daman and Diu and Dadra and Nagar Haveli

311

 

324

 

                4

 

Maharashtra

18863

23282

              23

Karnataka

9583

11116

              16

Goa

376

509

              36

Lakshadweep

0

3

           853

Kerala

2036

2306

              13

Tamil Nadu

8386

9475

              13

Puducherry

200

231

              15

Andaman and Nicobar Islands

16

21

              35

Telangana

3871

4393

              13

Andhra Pradesh

3173

3479

              10

Ladakh

19

27

              39

Other Territory

224

184

           (18)

Center Jurisdiction

205

193

              (6)

Grand Total

100526

114503

              14

Table-2: Amount of SGST & SGST portion of IGST settled to States/UTs in August, 2023 (Rs. In crore)

State/UT

SGST collection

SGST portion of IGST

Total

Jammu and Kashmir

 220

 420

 640

Himachal Pradesh

 182

 210

 392

Punjab

 603

 1,201

 1,804

Chandigarh

 51

 119

 171

Uttarakhand

 382

 255

 637

Haryana

 1,585

 1,094

 2,679

Delhi

 1,113

 1,209

 2,322

Rajasthan

 1,265

 1,730

 2,994

Uttar Pradesh

 2,378

 3,165

 5,544

Bihar

 654

 1,336

 1,990

Sikkim

 42

 43

 85

Arunachal Pradesh

 40

 100

 140

Nagaland

 23

 59

 82

Manipur

 21

 62

 83

Mizoram

 17

 54

 72

Tripura

 36

 84

 120

Meghalaya

 50

 86

 136

Assam

 440

 691

 1,131

West Bengal

 1,797

 1,516

 3,313

Jharkhand

 802

 120

 922

Odisha

 1,333

 401

 1,734

Chhattisgarh

 710

 488

 1,198

Madhya Pradesh

 978

 1,447

 2,425

Gujarat

 3,211

 1,723

 4,933

Dadra and Nagar Haveli and Daman and Diu

 51

 40

 90

Maharashtra

 7,630

 3,841

 11,470

Karnataka

 3,029

 2,627

 5,656

Goa

 174

 111

 285

Lakshadweep

 0

 2

 2

Kerala

 1,035

 1,437

 2,472

Tamil Nadu

 3,301

 2,212

 5,513

Puducherry

 43

 51

 94

Andaman and Nicobar Islands

 10

 22

 33

Telangana

 1,439

 1,746

 3,186

Andhra Pradesh

 1,122

 1,481

 2,603

Ladakh

 14

 43

 57

Other Territory

 13

 182

 195

Grand Total

           35,794

  31,408

    67,202