CA Day celebration 2024 Easy Office
LCI Learning

August 2023 GST Collection Hits Rs 159069 Crore Mark, Registers 11% YoY Surge

Last updated: 02 September 2023


₹1,59,069 crore gross GST revenue collected during August 2023; records 11% Year-on-Year growth

GST Revenues from domestic transactions (including import of services) are 14% higher Year-on-Year

The gross GST revenue collected in the month of August, 2023 is ₹1,59,069 crore of which CGST is ₹28,328 crore, SGST is ₹35,794 crore, IGST is ₹83,251 crore (including ₹43,550 crore collected on import of goods) and Cess is ₹11,695 crore (including ₹1,016 crore collected on import of goods).

The government has settled ₹37,581 crore to CGST and ₹31,408 crore to SGST from IGST. 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 revenues for the month of August, 2023 are 11% higher than the GST revenues in the same month last year. During the month, 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.

August 2023 GST Collection Hits Rs 159069 Crore Mark, Registers 11  YoY Surge

The chart below shows trends in monthly gross GST revenues during the current year. The Table-1 shows the state-wise figures of GST collected in each State during the month of August, 2023 as compared to August, 2022 and Table-2 shows the SGST and SGST portion of the IGST received/settled to the States/UTs in August, 2023.

Trends in GST Collection

Table-1: State-wise Y-o-Y growth of GST Revenue in August, 2023 (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

Join CCI Pro

Category GST   Report

  5052 Views

Comments



More »


Popular News