Ministry of Finance

₹1,49,577 crore 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 ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crore collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crore collected on import of goods)

The government has settled ₹34,770 crore to CGST and ₹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 ₹62,432 crore for CGST and ₹63,969 crore for the SGST. In addition, Centre had also released balance GST compensation of ₹16,982 crore for the month of June 2022 and ₹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 ₹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[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%

****

PPG/KMN


[1]Does not include GST on import of goods



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