GST Revenue collection for September 2021

₹ 1,17,010 crore gross GST revenue collected in the month of September 2021

The gross GST revenue collected in the month of September 2021 is ₹ 1,17,010 crore of which CGST is ₹ 20,578 crore, SGST is ₹ 26,767 crore, IGST is ₹ 60,911 crore (including ₹ 29,555 crore collected on import of goods) and Cess is ₹ 8,754 crore (including ₹ 623 crore collected on import of goods). 

The government has settled ₹ 28,812 crore to CGST and ₹ 24,140 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of September 2021 is ₹ 49,390 crore for CGST and ₹ 50,907 crore for the SGST.

The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 30% higher and the revenues from domestic transaction (including import of services) are 20% higher than the revenues from these sources during the same month last year. The revenue for September 2020 was, in itself at a growth of 4% over the revenue of September 2019 of ₹ 91,916 crore.

The average monthly gross GST collection for the second quarter of the current year has been ₹ 1.15 lakh crore, which is 5% higher than the average monthly collection of ₹ 1.10 lakh crore in the first quarter of the year. This 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. It is expected that the positive trend in the revenues will continue and the second half of the year will post higher revenues

Centre had also released GST compensation of ₹ 22,000 crore to States to meet their GST revenue gap.

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

State-wise growth of GST Revenues during September 2021[1]

	Sep-20	Sep-21	Growth
Jammu and Kashmir	368	377	3%
Himachal Pradesh	653	680	4%
Punjab	1,194	1,402	17%
Chandigarh	141	152	8%
Uttarakhand	1,065	1,131	6%
Haryana	4,712	5,577	18%
Delhi	3,146	3,605	15%
Rajasthan	2,647	2,959	12%
Uttar Pradesh	5,075	5,692	12%
Bihar	996	876	-12%
Sikkim	106	260	144%
Arunachal Pradesh	35	55	56%
Nagaland	29	30	3%
Manipur	34	33	-2%
Mizoram	17	20	16%
Tripura	50	50	0%
Meghalaya	100	120	20%
Assam	912	968	6%
West Bengal	3,393	3,778	11%
Jharkhand	1,656	2,198	33%
Odisha	2,384	3,326	40%
Chhattisgarh	1,841	2,233	21%
Madhya Pradesh	2,176	2,329	7%
Gujarat	6,090	7,780	28%
Daman and Diu	15	0	-99%
Dadra and Nagar Haveli	225	304	35%
Maharashtra	13,546	16,584	22%
Karnataka	6,050	7,783	29%
Goa	240	319	33%
Lakshadweep	1	0	-51%
Kerala	1,552	1,764	14%
Tamil Nadu	6,454	7,842	21%
Puducherry	148	160	8%
Andaman and Nicobar Islands	19	20	3%
Telangana	2,796	3,494	25%
Andhra Pradesh	2,141	2,595	21%
Ladakh	9	15	61%
Other Territory	110	132	20%
Centre Jurisdiction	121	191	58%
Grand Total	72,250	86,832	20%

 

GST revenue collection rises, signalling recovery and higher Centre-State settlements after regular IGST transfers and compliance boost. The release reports gross GST revenue collected for September 2021 by component and notes that regular IGST transfers to CGST and SGST increased total Centre and State receipts after settlement; it records higher receipts versus the prior year, stronger import and domestic transaction revenues, rising average quarterly collections as an indicator of economic recovery, contributions from anti evasion measures, and a state wise table showing varied jurisdictional growth.