Ministry of Finance
₹1,60,122 crore gross GST revenue collected for March 2023
Second highest collection ever, next only to the collection in April 2022
Monthly GST revenues more than ₹1.4 lakh crore for 12 months in a row, with ₹1.6 lakh crore crossed for the 2nd time since inception of GST
GST revenues clock 13% growth Year-on-Year
Total gross collection for 2022-23 stands at ₹18.10 lakh crore; average gross monthly collection for the full year is ₹1.51 lakh crore
Gross revenues in 2022-23 were 22% higher than that last year
Posted On:
01 APR 2023 4:01PM by PIB Delhi
The gross GST revenue collected in the month of March 2023 is ₹1,60,122 crore of which CGST is ₹29,546 crore, SGST is ₹37,314 crore, IGST is ₹82,907 crore (including ₹42,503 crore collected on import of goods) and cess is ₹10,355 crore (including ₹960 crore collected on import of goods). It is for the fourth time, in the current financial year that the gross GST collection has crossed ₹1.5 lakh crore mark registering second highest collection since implementation of GST. This month witnessed the highest IGST collection ever.
The government has settled ₹33,408 crore to CGST and ₹28,187 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States in the month of March 2023 after IGST settlement is ₹62,954 crore for CGST and ₹65,501 crore for the SGST.
The revenues for the month of March 2023 are 13% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 8% higher and the revenues from domestic transaction (including import of services) are 14% higher than the revenues from these sources during the same month last year. The return filing during March 2023 has been highest ever. 93.2% of statement of invoices (in GSTR-1) and 91.4% of returns (in GSTR-3B) of February were filed till March 2023 as compared to 83.1% and 84.7%, respectively same month last year.
The total gross collection for 2022-23 stands at ₹18.10 lakh crore and the average gross monthly collection for the full year is ₹1.51 lakh crore. The gross revenues in 2022-23 were 22% higher than that last year. The average monthly gross GST collection for the last quarter of the FY 2022-23 has been ₹1.55 lakh crore against the average monthly collection of ₹1.51 lakh crore, ₹1.46 lakh crore and ₹1.49 lakh crore in the first, second and third quarters respectively.
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 March 2023 as compared to March 2022.
State-wise growth of GST Revenues during March 2023[1]
(₹ crore)
| |
State
|
Mar-22
|
Mar-23
|
Growth (%)
|
|
1
|
Jammu and Kashmir
|
368
|
477
|
29.42
|
|
2
|
Himachal Pradesh
|
684
|
739
|
8.11
|
|
3
|
Punjab
|
1,572
|
1,735
|
10.37
|
|
4
|
Chandigarh
|
184
|
202
|
10.09
|
|
5
|
Uttarakhand
|
1,255
|
1,523
|
21.34
|
|
6
|
Haryana
|
6,654
|
7,780
|
16.93
|
|
7
|
Delhi
|
4,112
|
4,840
|
17.72
|
|
8
|
Rajasthan
|
3,587
|
4,154
|
15.80
|
|
9
|
Uttar Pradesh
|
6,620
|
7,613
|
15.01
|
|
10
|
Bihar
|
1,348
|
1,744
|
29.40
|
|
11
|
Sikkim
|
230
|
262
|
14.11
|
|
12
|
Arunachal Pradesh
|
105
|
144
|
37.56
|
|
13
|
Nagaland
|
43
|
58
|
35.07
|
|
14
|
Manipur
|
60
|
65
|
9.37
|
|
15
|
Mizoram
|
37
|
70
|
91.16
|
|
16
|
Tripura
|
82
|
90
|
10.21
|
|
17
|
Meghalaya
|
181
|
202
|
11.51
|
|
18
|
Assam
|
1,115
|
1,280
|
14.87
|
|
19
|
West Bengal
|
4,472
|
5,092
|
13.88
|
|
20
|
Jharkhand
|
2,550
|
3,083
|
20.92
|
|
21
|
Odisha
|
4,125
|
4,749
|
15.14
|
|
22
|
Chhattisgarh
|
2,720
|
3,017
|
10.90
|
|
23
|
Madhya Pradesh
|
2,935
|
3,346
|
14.01
|
|
24
|
Gujarat
|
9,158
|
9,919
|
8.31
|
|
25
|
Daman and Diu
|
|
|
|
|
26
|
Dadra and Nagar Haveli
|
284
|
309
|
8.99
|
|
27
|
Maharashtra
|
20,305
|
22,695
|
11.77
|
|
29
|
Karnataka
|
8,750
|
10,360
|
18.40
|
|
30
|
Goa
|
386
|
515
|
33.33
|
|
31
|
Lakshadweep
|
2
|
3
|
30.14
|
|
32
|
Kerala
|
2,089
|
2,354
|
12.67
|
|
33
|
Tamil Nadu
|
8,023
|
9,245
|
15.24
|
|
34
|
Puducherry
|
163
|
204
|
24.78
|
|
35
|
Andaman and Nicobar Islands
|
27
|
37
|
38.88
|
|
36
|
Telangana
|
4,242
|
4,804
|
13.25
|
|
37
|
Andhra Pradesh
|
3,174
|
3,532
|
11.26
|
|
38
|
Ladakh
|
23
|
23
|
-3.66
|
|
97
|
Other Territory
|
149
|
249
|
66.48
|
|
99
|
Center Jurisdiction
|
170
|
142
|
-16.31
|
|
|
Grand Total
|
1,01,983
|
1,16,659
|
14.39
|
[1]Does not include GST on import of goods
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