Ministry of Finance
GST Revenue collection for November 2023, at ₹1,67,929 lakh crore records highest growth rate of 15% Y-o-Y
Gross GST collection crosses ₹1.60 lakh crore mark for the sixth time in FY 2023-24 GST collection higher by 11.9% Y-o-Y for FY2023-24 upto November, 2023
Posted On:
01 DEC 2023 6:30PM by PIB Delhi
The gross GST revenue collected in the month of November, 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 crore, IGST is ₹87,009 crore (including ₹39,198 crore collected on import of goods) and cess is ₹12,274 crore (including ₹ 1,036 crore collected on import of goods).
The government has settled ₹37,878 crore to CGST and ₹31,557 crore to SGST from IGST. The total revenue of Centre and the States in the month of November, 2023 after regular settlement is ₹68,297 crore for CGST and ₹69,783 crore for the SGST.
The revenues for the month of November, 2023 are 15% higher than the GST revenues in the same month last year and highest for any month year-on-year during 2023-24, upto November 2023. During the month, the revenues from domestic transactions (including import of services) are 20% higher than the revenues from these sources during the same month last year. It is for the sixth time that the gross GST collection has crossed ₹1.60 lakh crore mark in FY 2023-24.The gross GST collection for the FY 2023-24 ending November, 2023 [₹13,32,440 crore, averaging ₹1.66 lakh per month] is 11.9 % higher than the gross GST collection for the FY 2022-23 ending November, 2022 [₹11,90,920 crore, averaging ₹1.49 lakh crore per month].
The chart below shows trends in monthly gross GST revenues during the current year. Table-1 shows the state-wise figures of GST collected in each State during the month of November 2023 as compared to November 2022. Table-2 shows the state-wise figures of post settlement GST revenue of each State till the month of November 2023.
Chart: Gross GST Collection (Rs. crore)
State-wise growth of GST Revenues during November, 2023[1]
(Rs. Crore)
State/UT
|
Nov-22
|
Nov-23
|
Growth (%)
|
Jammu and Kashmir
|
430
|
469
|
9%
|
Himachal Pradesh
|
672
|
802
|
19%
|
Punjab
|
1,669
|
2,265
|
36%
|
Chandigarh
|
175
|
210
|
20%
|
Uttarakhand
|
1,280
|
1,601
|
25%
|
Haryana
|
6,769
|
9,732
|
44%
|
Delhi
|
4,566
|
5,347
|
17%
|
Rajasthan
|
3,618
|
4,682
|
29%
|
Uttar Pradesh
|
7,254
|
8,973
|
24%
|
Bihar
|
1,317
|
1,388
|
5%
|
Sikkim
|
209
|
234
|
12%
|
Arunachal Pradesh
|
62
|
92
|
48%
|
Nagaland
|
34
|
67
|
99%
|
Manipur
|
50
|
40
|
-21%
|
Mizoram
|
24
|
33
|
37%
|
Tripura
|
60
|
83
|
39%
|
Meghalaya
|
162
|
163
|
1%
|
Assam
|
1,080
|
1,232
|
14%
|
West Bengal
|
4,371
|
4,915
|
12%
|
Jharkhand
|
2,551
|
2,633
|
3%
|
Odisha
|
4,162
|
4,295
|
3%
|
Chhattisgarh
|
2,448
|
2,936
|
20%
|
Madhya Pradesh
|
2,890
|
3,646
|
26%
|
Gujarat
|
9,333
|
10,853
|
16%
|
Dadra and Nagar Haveli and Daman & Diu
|
305
|
333
|
9%
|
Maharashtra
|
21,611
|
25,585
|
18%
|
Karnataka
|
10,238
|
11,970
|
17%
|
Goa
|
447
|
503
|
12%
|
Lakshadweep
|
0
|
0
|
-15%
|
Kerala
|
2,094
|
2,515
|
20%
|
Tamil Nadu
|
8,551
|
10,255
|
20%
|
Puducherry
|
209
|
228
|
9%
|
Andaman and Nicobar Islands
|
23
|
31
|
37%
|
Telangana
|
4,228
|
4,986
|
18%
|
Andhra Pradesh
|
3,134
|
4,093
|
31%
|
Ladakh
|
50
|
62
|
25%
|
Other Territory
|
184
|
222
|
21%
|
Center Jurisdiction
|
154
|
223
|
45%
|
Grand Total
|
1,06,416
|
1,27,695
|
20%
|
Table-2: SGST & SGST portion of IGST settled to States/UTs
April-November (Rs. crore)
|
Pre-Settlement SGST
|
Post-Settlement SGST[2]
|
State/UT
|
2022-23
|
2023-24
|
Growth
|
2022-23
|
2023-24
|
Growth
|
Jammu and Kashmir
|
1,513
|
1,960
|
30%
|
4,892
|
5,367
|
10%
|
Himachal Pradesh
|
1,547
|
1,731
|
12%
|
3,838
|
3,701
|
-4%
|
Punjab
|
5,102
|
5,612
|
10%
|
12,906
|
14,734
|
14%
|
Chandigarh
|
401
|
439
|
9%
|
1,414
|
1,505
|
6%
|
Uttarakhand
|
3,193
|
3,625
|
14%
|
5,157
|
5,586
|
8%
|
Haryana
|
12,052
|
13,415
|
11%
|
20,761
|
23,134
|
11%
|
Delhi
|
9,127
|
10,340
|
13%
|
19,202
|
21,037
|
10%
|
Rajasthan
|
10,146
|
11,348
|
12%
|
22,853
|
25,699
|
12%
|
Uttar Pradesh
|
17,924
|
21,624
|
21%
|
43,951
|
49,282
|
12%
|
Bihar
|
4,715
|
5,377
|
14%
|
15,672
|
16,991
|
8%
|
Sikkim
|
202
|
321
|
59%
|
558
|
677
|
21%
|
Arunachal Pradesh
|
311
|
418
|
34%
|
1,059
|
1,276
|
21%
|
Nagaland
|
138
|
206
|
49%
|
635
|
701
|
10%
|
Manipur
|
190
|
229
|
20%
|
924
|
730
|
-21%
|
Mizoram
|
117
|
182
|
56%
|
557
|
634
|
14%
|
Tripura
|
272
|
335
|
23%
|
955
|
1,037
|
9%
|
Meghalaya
|
298
|
394
|
32%
|
961
|
1,103
|
15%
|
Assam
|
3,379
|
3,885
|
15%
|
8,236
|
9,553
|
16%
|
West Bengal
|
14,298
|
15,600
|
9%
|
25,878
|
28,042
|
8%
|
Jharkhand
|
4,947
|
5,866
|
19%
|
7,374
|
8,116
|
10%
|
Odisha
|
9,279
|
10,626
|
15%
|
12,486
|
15,515
|
24%
|
Chhattisgarh
|
4,838
|
5,398
|
12%
|
7,366
|
8,831
|
20%
|
Madhya Pradesh
|
6,979
|
8,496
|
22%
|
17,772
|
20,673
|
16%
|
Gujarat
|
24,753
|
27,671
|
12%
|
37,497
|
41,545
|
11%
|
Dadra and Nagar Haveli and Daman and Diu
|
427
|
426
|
0%
|
792
|
699
|
-12%
|
Maharashtra
|
55,650
|
65,983
|
19%
|
84,633
|
96,551
|
14%
|
Karnataka
|
23,026
|
26,713
|
16%
|
43,152
|
48,766
|
13%
|
Goa
|
1,272
|
1,487
|
17%
|
2,325
|
2,616
|
13%
|
Lakshadweep
|
6
|
16
|
157%
|
20
|
69
|
239%
|
Kerala
|
8,005
|
9,171
|
15%
|
19,657
|
20,623
|
5%
|
Tamil Nadu
|
23,802
|
27,046
|
14%
|
38,849
|
42,472
|
9%
|
Puducherry
|
308
|
330
|
7%
|
793
|
933
|
18%
|
Andaman and Nicobar Islands
|
123
|
140
|
14%
|
322
|
347
|
8%
|
Telangana
|
10,926
|
12,994
|
19%
|
24,460
|
26,691
|
9%
|
Andhra Pradesh
|
8,325
|
9,291
|
12%
|
18,742
|
20,952
|
12%
|
Ladakh
|
111
|
155
|
40%
|
378
|
457
|
21%
|
Other Territory
|
114
|
156
|
37%
|
329
|
702
|
113%
|
Grand Total
|
2,67,818
|
3,09,003
|
15%
|
5,07,355
|
5,67,464
|
12%
|
****
NB/VM/KMN
(Release ID: 1981642)
|