GST Revenue collection for August 2021

₹ 1,12,020 crore of gross GST revenue collected in August

The gross GST revenue collected in the month of August 2021 is ₹ 1,12,020 crore of which CGST is ₹ 20,522 crore, SGST is ₹ 26,605 crore, IGST is ₹ 56,247 crore (including ₹ 26,884 crore collected on import of goods) and Cess is ₹ 8,646 crore (including ₹ 646 crore collected on import of goods).

The government has settled ₹ 23,043 crore to CGST and ₹ 19,139 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 24,000 crore as IGST ad-hoc settlement in the ratio of 50:50 between Centre and States/UTs. The total revenue of Centre and the States after regular and ad-hoc settlements in the month of August’ 2021 is ₹ 55,565 crore for CGST and ₹ 57,744 crore for the SGST.

The revenues for the month of August 2021 are 30% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transaction (including import of services) are 27% higher than the revenues from these sources during the same month last year. Even as compared to the August revenues in 2019-20 of ₹ 98,202 crore, this is a growth of 14%.

GST collection, after posting above ₹ 1 lakh crore mark for nine months in a row, dropped below ₹ 1 lakh crore in June 2021 due to the second wave of covid. With the easing out of COVID restrictions, GST collection for July and August 2021 have again crossed ₹1 lakh crore, which clearly indicates that the economy is recovering at a fast pace. Coupled with economic growth, anti-evasion activities, especially action against fake billers have also been contributing to the enhanced GST collections. The robust GST revenues are likely to continue in the coming months too.

The table shows the state-wise figures of GST collected in each State during the month of August 2021 as compared to August 2020.

State-wise growth of GST Revenues during August 2021

	State	August-20	August-21	% growth
1	Jammu and Kashmir	326	392	20%
2	Himachal Pradesh	597	704	18%
3	Punjab	1,139	1,414	24%
4	Chandigarh	139	144	4%
5	Uttarakhand	1,006	1,089	8%
6	Haryana	4,373	5,618	28%
7	Delhi	2,880	3,605	25%
8	Rajasthan	2,582	3,049	18%
9	Uttar Pradesh	5,098	5,946	17%
10	Bihar	967	1,037	7%
11	Sikkim	147	219	49%
12	Arunachal Pradesh	35	53	52%
13	Nagaland	31	32	2%
14	Manipur	26	45	71%
15	Mizoram	12	16	31%
16	Tripura	43	56	30%
17	Meghalaya	108	119	10%
18	Assam	709	959	35%
19	West Bengal	3,053	3,678	20%
20	Jharkhand	1,498	2,166	45%
21	Odisha	2,348	3,317	41%
22	Chhattisgarh	1,994	2,391	20%
23	Madhya Pradesh	2,209	2,438	10%
24	Gujarat	6,030	7,556	25%
25	Daman and Diu	70	1	-99%
26	Dadra and Nagar Haveli	145	254	74%
27	Maharashtra	11,602	15,175	31%
29	Karnataka	5,502	7,429	35%
30	Goa	213	285	34%
31	Lakshadweep	0	1	220%
32	Kerala	1,229	1,612	31%
33	Tamil Nadu	5,243	7,060	35%
34	Puducherry	137	156	14%
35	Andaman and Nicobar Islands	13	20	58%
36	Telangana	2,793	3,526	26%
37	Andhra Pradesh	1,955	2,591	33%
38	Ladakh	5	14	213%
97	Other Territory	180	109	-40%
99	Center Jurisdiction	161	214	33%
	Grand Total	66,598	84,490	27%

Does not include GST on import of goods

GST revenue recovery signals economic rebound as monthly collections and settlements rise after pandemic slowdown. Gross GST revenue for August 2021 totaled Rs. 1,12,020 crore, comprising CGST, SGST, IGST (including import receipts) and cess; regular IGST settlements and an equal ad hoc IGST distribution between Centre and States/UTs produced consolidated post settlement CGST and SGST totals. The release highlights year on year and pre pandemic growth in collections, attributes the rebound to economic recovery and anti evasion measures, and provides a state wise table of monthly GST collection growth, excluding GST on import of goods.