GST Revenue Collection for March, 2020

₹ 97,597 Crore of gross GST revenue collected

The gross GST revenue collected in the month of March, 2020 is ₹ 97,597crore of which CGST is ₹ 19,183 crore, SGST is ₹ 25,601 crore, IGST is ₹ 44,508 crore (including ₹ 18,056 crore collected on imports) and Cess is ₹ 8,306 crore (including ₹ 841 crore collected on imports). The total number of GSTR-3B Returns filed for the month of February up to 31^st March, 2020 is 76.5 lakh.

The government has settled ₹ 19,718 crore to CGST and ₹ 14,915 crore to SGST from IGST as regular settlement. Inaddition,Centre has also apportioned unsettled balance IGST of ₹ 6000 crores on ad-hoc basis in the ratio of 50:50 between centre and States/UTs.The total revenue earned by Central Government and the State Governments after regular settlement in the month of March, 2020 is ₹ 41,901 crore for CGST and ₹ 43,516 crore for the SGST.

The GST revenues during the month of March, 2020 from domestic transactions has shown anegative growth of 4% over the revenue during the month of March, 2019. Taking into account the GST collected from import of goods, the total revenue during March, 2020has also decreased by 8% in comparison to the revenue during March, 2019. During this month, the GST on import of goods has shown a negative growth of (-) 23% as compared to March, 2019.

For the full financial year, 2019-20, the GST for domestic transaction has shown a growth rate of 8% over the revenues during last year. During the year, GST from import on goods fell down by 8% as compared to last year. Overall, gross GST revenues grew at 4% over the last year’s GST revenue.

The chart 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, 2020 as compared to March, 2019 and for the full year.

 

 

State-wise GST Collections during March 2020

State	Mar-19	Mar-20	Growth	2018-19	2019-20	Growth
Jammu and Kashmir	388	276	-29%	3,792	4,010	6%
Himachal Pradesh	660	596	-10%	7,593	7,960	5%
Punjab	1,166	1,181	1%	13,979	15,235	9%
Chandigarh	162	153	-5%	1,779	1,988	12%
Uttarakhand	1,451	1,195	-18%	15,150	14,722	-3%
Haryana	4,561	4,874	7%	55,233	59,560	8%
Delhi	3,722	3,273	-12%	39,845	44,161	11%
Rajasthan	3,132	2,820	-10%	30,722	32,821	7%
Uttar Pradesh	5,548	5,294	-5%	61,337	65,281	6%
Bihar	1,177	1,056	-10%	10,755	12,640	18%
Sikkim	160	189	19%	1,917	2,248	17%
Arunachal Pradesh	85	67	-22%	398	581	46%
Nagaland	46	39	-16%	227	317	40%
Manipur	46	36	-22%	309	435	41%
Mizoram	50	33	-33%	213	296	39%
Tripura	64	67	5%	556	680	22%
Meghalaya	127	133	5%	1,368	1,522	11%
Assam	956	932	-3%	8,989	10,423	16%
West Bengal	3,841	3,582	-7%	39,780	43,386	9%
Jharkhand	2,149	2,049	-5%	23,916	22,847	-4%
Odisha	2,626	2,633	0%	26,952	29,677	10%
Chhattisgarh	2,143	2,093	-2%	22,932	24,160	5%
Madhya Pradesh	2,624	2,407	-8%	25,683	28,354	10%
Gujarat	6,521	6,820	5%	73,440	78,923	7%
Daman and Diu	103	95	-8%	1,105	1,155	5%
Dadra and Nagar Haveli	174	169	-3%	1,718	1,810	5%
Maharashtra	15,596	15,002	-4%	1,70,289	1,85,917	9%
Karnataka	6,983	7,144	2%	78,763	83,408	6%
Goa	389	316	-19%	4,103	4,280	4%
Lakshadweep	1	1	54%	20	20	2%
Kerala	1,635	1,475	-10%	16,343	19,234	18%
Tamil Nadu	6,941	6,178	-11%	70,562	74,430	5%
Puducherry	184	149	-19%	1,924	1,871	-3%
Andaman &Nicobar Islands	28	39	40%	297	361	21%
Telangana	3,897	3,563	-9%	36,408	39,820	9%
Andhra Pradesh	2,589	2,548	-2%	25,331	27,108	7%
Other Territory	167	133	-21%	2,484	1,753	-29%
Center Jurisdiction	74	81	10%	580	1,003	73%
Total	82,165	78,700	-4%	8,76,794	9,44,414	8%

 

GST revenue collection shows contraction in monthly and import receipts, affecting central and state settlements. Gross GST revenue in March 2020 comprised central, state, integrated and cess components and declined year-on-year; the Centre carried out regular IGST settlements to CGST and SGST and apportioned an unsettled IGST balance on an ad-hoc 50:50 basis between Centre and States/UTs, producing specified post-settlement receipts. Domestic receipts fell for the month while import GST fell more sharply; annual figures show modest domestic growth but a fall in import-derived GST, and state-wise collections display mixed growth.