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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