₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year

Monthly GST revenues more than Rs 1.4 lakh crore for 12 straight months in a row

Y-o-Y revenues from import of goods 6% higher and domestic transaction (including import of services) 15% higher

The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crore collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crore collected on import of goods)

The government has settled ₹34,770 crore to CGST and ₹29,054 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of February 2023 is ₹62,432 crore for CGST and ₹63,969 crore for the SGST. In addition, Centre had also released balance GST compensation of ₹16,982 crore for the month of June 2022 and ₹16,524 crore to States/UTs which have sent AG certified figures for previous period.

The revenues for the month of February 2023 are 12% higher than the GST revenues in the same month last year, which was Rs. 1,33,026 crore. During the month, revenues from import of goods was 6% higher and the revenues from domestic transaction (including import of services) are 15% higher than the revenues from these sources during the same month last year. This month witnessed the highest cess collection of ₹11,931 crore since implementation of GST. Normally, February being a 28 day month, witnesses a relatively lower collection of revenue.

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 February 2023 as compared to February 2022.

State-wise growth of GST Revenues during February 2023 ¹

State	Feb-22	Feb-23	Growth
Jammu and Kashmir	326	434	33%
Himachal Pradesh	657	691	5%
Punjab	1,480	1,651	12%
Chandigarh	178	188	5%
Uttarakhand	1,176	1,405	20%
Haryana	5,928	7,310	23%
Delhi	3,922	4,769	22%
Rajasthan	3,469	3,941	14%
Uttar Pradesh	6,519	7,431	14%
Bihar	1,206	1,499	24%
Sikkim	222	265	19%
Arunachal Pradesh	56	78	39%
Nagaland	33	54	64%
Manipur	39	64	64%
Mizoram	24	58	138%
Tripura	66	79	20%
Meghalaya	201	189	-6%
Assam	1,008	1,111	10%
West Bengal	4,414	4,955	12%
Jharkhand	2,536	2,962	17%
Odisha	4,101	4,519	10%
Chhattisgarh	2,783	3,009	8%
Madhya Pradesh	2,853	3,235	13%
Gujarat	8,873	9,574	8%
Dadra and Nagar Haveli	260	283	9%
Maharashtra	19,423	22,349	15%
Karnataka	9,176	10,809	18%
Goa	364	493	35%
Lakshadweep	1	3	274%
Kerala	2,074	2,326	12%
Tamil Nadu	7,393	8,774	19%
Puducherry	178	188	5%
Andaman and Nicobar Islands	22	31	40%
Telangana	4,113	4,424	8%
Andhra Pradesh	3,157	3,557	13%
Ladakh	16	24	56%
Other Territory	136	211	55%
Centre Jurisdiction	167	154	-8%
Total	98,550	1,13,096	15%

 

¹Does not include GST on import of goods

GST revenue growth reported, with higher year on year collections and IGST settlements to central and state accounts. Gross GST revenue for February 2023 is reported at Rs.1,49,577 crore, with componentised receipts comprising CGST, SGST, IGST (including import of goods) and Cess. The statement records regular IGST settlements to CGST and SGST and discloses additional central releases of GST compensation to States/UTs that furnished audited figures for prior periods. Year on year comparison shows overall GST receipts higher than the same month last year, with imports of goods and domestic transactions increasing at different rates.