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Ministry of Finance

Rs.1,49,577crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year

Monthly GST revenues more than Rs 1.4 lakh crore for 12 straight months in a row

Y-o-Y revenues from import of goods 6% higher and domestic transaction (including import of services) 15% higher

Posted On: 01 MAR 2023 2:36PM by PIB Delhi

The gross GST revenue collected in the month of February 2023 is Rs.1,49,577crore 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.

State-wise growth of GST Revenues during February 2023

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%

Does not include GST on import of goods

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