Ministry of Finance
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GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore


GST collections breach landmark milestone of ₹2 lakh crore

Gross Revenue Records 12.4% y-o-y growth

Net Revenue (after refunds) stood at ₹1.92 lakh crore; 15.5% y-o-y growth

Posted On: 01 MAY 2024 11:55AM by PIB Delhi

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST revenue for April 2024 stands at ₹1.92 lakh crore, reflecting an impressive 15.5% growth compared to the same period last year.

Positive Performance Across Components:

Breakdown of April 2024 Collections:

  • Central Goods and Services Tax (CGST): ₹43,846 crore;
  • State Goods and Services Tax (SGST): ₹53,538 crore;
  • Integrated Goods and Services Tax (IGST): ₹99,623 crore, including ₹37,826 crore collected on imported goods;
  • Cess: ₹13,260 crore, including ₹1,008 crore collected on imported goods.

Inter-Governmental Settlement: In the month of April, 2024, the central government settled ₹50,307 crore to CGST and ₹41,600 crore to SGST from the IGST collected. This translates to a total revenue of ₹94,153 crore for CGST and ₹95,138 crore for SGST for April, 2024 after regular settlement.

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 April, 2024 as compared to April, 2023. Table-2 shows the state-wise figures of post settlement GST revenue of each State for the month of April, 2024.

Chart: Trends in GST Collection

 

Table 1: State-wise growth of GST Revenues during April, 2024[1]

State/UT

Apr-23

Apr-24

Growth (%)

Jammu and Kashmir

803

789

-2%

Himachal Pradesh

 957

      1,015

6%

Punjab

2,316

     2,796

21%

Chandigarh

 255

313

23%

Uttarakhand

2,148

    2,239

4%

Haryana

10,035

   12,168

21%

Delhi

6,320

     7,772

23%

Rajasthan

4,785

     5,558

16%

Uttar Pradesh

10,320

  12,290

19%

Bihar

1,625

     1,992

23%

Sikkim

426

 403

-5%

Arunachal Pradesh

238

 200

-16%

Nagaland

   88

 86

-3%

Manipur

    91

104

15%

Mizoram

    71

108

52%

Tripura

 133

161

20%

Meghalaya

239

 234

-2%

Assam

 1,513

     1,895

25%

West Bengal

6,447

     7,293

13%

Jharkhand

3,701

    3,829

3%

Odisha

5,036

    5,902

17%

Chhattisgarh

3,508

    4,001

14%

Madhya Pradesh

4,267

     4,728

11%

Gujarat

11,721

   13,301

13%

Dadra and Nagar Haveli and Daman & Diu

399

447

12%

Maharashtra

33,196

   37,671

13%

Karnataka

 14,593

   15,978

9%

Goa

620

765

23%

Lakshadweep

      3

 1

-57%

Kerala

3,010

     3,272

9%

Tamil Nadu

11,559

   12,210

6%

Puducherry

 218

247

13%

Andaman and Nicobar Islands

   92

 65

-30%

Telangana

5,622

    6,236

11%

Andhra Pradesh

4,329

    4,850

12%

Ladakh

   68

 70

3%

Other Territory

220

225

2%

Center Jurisdiction

 187

221

18%

Grand Total

     1,51,162

  1,71,433

13%

 

Table-2: SGST & SGST portion of IGST settled to States/UTs

April (Rs. in crore)

 

Pre-Settlement SGST

Post-Settlement SGST[2]

State/UT

Apr-23

Apr-24

Growth

Apr-23

Apr-24

Growth

Jammu and Kashmir

    394

    362

-8%

    918

    953

4%

Himachal Pradesh

    301

   303

1%

    622

    666

7%

Punjab

   860

    999

16%

  2,090

2,216

6%

Chandigarh

      63

75

20%

    214

    227

6%

Uttarakhand

    554

    636

15%

    856

     917

7%

Haryana

 1,871

 2,172

16%

3,442

3,865

12%

Delhi

1,638

2,027

24%

3,313

  4,093

24%

Rajasthan

 1,741

1,889

9%

3,896

3,967

2%

Uttar Pradesh

3,476

 4,121

19%

 7,616

8,494

12%

Bihar

    796

     951

19%

2,345

2,688

15%

Sikkim

     110

      69

-37%

    170

    149

-12%

Arunachal Pradesh

    122

     101

-17%

    252

    234

-7%

Nagaland

      36

41

14%

    107

      111

4%

Manipur

      50

53

6%

    164

    133

-19%

Mizoram

41

59

46%

    108

    132

22%

Tripura

      70

      80

14%

    164

    198

21%

Meghalaya

      69

76

9%

    162

    190

17%

Assam

   608

    735

21%

 1,421

 1,570

10%

West Bengal

2,416

  2,640

9%

3,987

4,434

11%

Jharkhand

    952

    934

-2%

1,202

1,386

15%

Odisha

1,660

  2,082

25%

2,359

2,996

27%

Chhattisgarh

   880

    929

6%

 1,372

 1,491

9%

Madhya Pradesh

 1,287

1,520

18%

2,865

 3,713

30%

Gujarat

4,065

4,538

12%

6,499

7,077

9%

Dadra and Nagar Haveli and Daman and Diu

      62

75

22%

    122

    102

-16%

Maharashtra

10,392

  11,729

13%

 15,298

 16,959

11%

Karnataka

4,298

 4,715

10%

 7,391

8,077

9%

Goa

    237

    283

19%

    401

    445

11%

Lakshadweep

1

0

-79%

18

5

-73%

Kerala

1,366

 1,456

7%

2,986

  3,050

2%

Tamil Nadu

3,682

  4,066

10%

5,878

  6,660

13%

Puducherry

      42

54

28%

    108

    129

19%

Andaman and Nicobar Islands

      46

      32

-32%

78

      88

13%

Telangana

1,823

  2,063

13%

 3,714

  4,036

9%

Andhra Pradesh

1,348

 1,621

20%

  3,093

3,552

15%

Ladakh

      34

      36

7%

55

61

12%

Other Territory

      22

16

-26%

      86

77

-10%

Grand Total

 47,412

 53,538

13%

 85,371

 95,138

11%

 

[1]Does not include GST on import of goods

[2] Post-Settlement GST is cumulative of the GST revenues of the States/UTs and the SGST portion of the IGST settled to the States/UTs

 

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NB/VM/KMN


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