India’s GST collections rise 12% to Rs 1,49,577 crore in February

NEW DELHI: The gross GST revenue collected in the month of February 2023 is Rs 1,49,577 crore of which CGST is Rs 27,662 crore, SGST is Rs 34,915 crore, IGST is Rs 75,069 crore (including Rs 35,689 crore collected on import of goods) and Cess is Rs 11,931 crore (including Rs 792 crore collected on import of goods)

The government has settled Rs 34,770 crore to CGST and Rs 29,054 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of February 2023 is Rs 62,432 crore for CGST and Rs 63,969 crore for the SGST. In addition, Centre had also released balance GST compensation of Rs 16,982 crore for the month of June 2022 and Rs 16,524 crore to States/UTs which have sent AG certified figures for previous period.

The revenues for the month of February 2023 are 12% higher than the GST revenues in the same month last year, which was Rs. 1,33,026 crore. During the month, revenues from import of goods was 6% higher and the revenues from domestic transaction (including import of services) are 15% higher than the revenues from these sources during the same month last year. This month witnessed the highest cess collection of Rs 11,931 crore since implementation of GST. Normally, February being a 28 day month, witnesses a relatively lower collection of revenue.

The chart below shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of February 2023 as compared to February 2022.

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State-wise growth of GST Revenues during February 2023[1]

State Feb-22 Feb-23 Growth
Jammu and Kashmir 326 434 33%
Himachal Pradesh 657 691 5%
Punjab 1,480 1,651 12%
Chandigarh 178 188 5%
Uttarakhand 1,176 1,405 20%
Haryana 5,928 7,310 23%
Delhi 3,922 4,769 22%
Rajasthan 3,469 3,941 14%
Uttar Pradesh 6,519 7,431 14%
Bihar 1,206 1,499 24%
Sikkim 222 265 19%
Arunachal Pradesh 56 78 39%
Nagaland 33 54 64%
Manipur 39 64 64%
Mizoram 24 58 138%
Tripura 66 79 20%
Meghalaya 201 189 -6%
Assam 1,008 1,111 10%
West Bengal 4,414 4,955 12%
Jharkhand 2,536 2,962 17%
Odisha 4,101 4,519 10%
Chhattisgarh 2,783 3,009 8%
Madhya Pradesh 2,853 3,235 13%
Gujarat 8,873 9,574 8%
Dadra and Nagar Haveli 260 283 9%
Maharashtra 19,423 22,349 15%
Karnataka 9,176 10,809 18%
Goa 364 493 35%
Lakshadweep 1 3 274%
Kerala 2,074 2,326 12%
Tamil Nadu 7,393 8,774 19%
Puducherry 178 188 5%
Andaman and Nicobar Islands 22 31 40%
Telangana 4,113 4,424 8%
Andhra Pradesh 3,157 3,557 13%
Ladakh 16 24 56%
Other Territory 136 211 55%
Centre Jurisdiction 167 154 -8%
Total 98,550 1,13,096 15%

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