Gross GST collection crosses ₹1.6 lakh crore mark for 5th time since inception of GST

Revenues from domestic transactions (including import of services) are 15% higher Year-on-Year

The gross GST revenue collected in the month of July, 2023 is ₹1,65,105 crore of which CGST is ₹29,773 crore, SGST is ₹37,623 crore, IGST is ₹85,930 crore (including ₹ 41,239 crore collected on import of goods) and cess is ₹11,779 crore (including ₹ 840 crore collected on import of goods).

The government has settled ₹39,785 crore to CGST and ₹33,188 crore to SGST from IGST. The total revenue of Centre and the States in the month of July 2023 after regular settlement is ₹69,558 crore for CGST and ₹70,811 crore for the SGST.

The revenues for the month of July 2023 are 11% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 15% higher than the revenues from these sources during the same month last year. It is for the fifth time, the gross GST collection has crossed Rs. 1.60 lakh crore mark.  

The chart below shows trends in monthly gross GST revenues during the current year. The table-1 shows the state-wise figures of GST collected in each State during the month of July 2023 as compared to July 2022 and table-2 shows the SGST and SGST portion of the IGST received/settled to the States/UTs in July’2023.

State-wise growth of GST Revenues during July 2023^[1] (Rs. in crore)

State/UT	July’22	July’23	Growth(%)
Jammu and Kashmir	431	549	27
Himachal Pradesh	746	917	23
Punjab	1733	2000	15
Chandigarh	176	217	23
Uttarakhand	1390	1607	16
Haryana	6791	7953	17
Delhi	4327	5405	25
Rajasthan	3671	3988	9
Uttar Pradesh	7074	8802	24
Bihar	1264	1488	18
Sikkim	249	314	26
Arunachal Pradesh	65	74	13
Nagaland	42	43	3
Manipur	45	42	-7
Mizoram	27	39	47
Tripura	63	78	23
Meghalaya	138	175	27
Assam	1040	1183	14
West Bengal	4441	5128	15
Jharkhand	2514	2859	14
Odisha	3652	4245	16
Chhattisgarh	2695	2805	4
Madhya Pradesh	2966	3325	12
Gujarat	9183	9787	7
Daman and Diu	313	354	13
Dadra and Nagar Haveli
Maharashtra	22129	26064	18
Karnataka	9795	11505	17
Goa	433	528	22
Lakshadweep	2	2	45
Kerala	2161	2381	10
Tamil Nadu	8449	10022	19
Puducherry	198	216	9
Andaman and Nicobar Islands	23	31	32
Telangana	4547	4849	7
Andhra Pradesh	3409	3593	5
Ladakh	20	23	13
Other Territory	216	226	4
Center Jurisdiction	162	209	29
Grand Total	106580	123026	15

[1] Does not include GST on import of goods

Amount of SGST & SGST portion of IGST settled to States/UTs in July’2023 (Rs. in crore)

State/UT	SGST collection	SGST portion of IGST	Total
Jammu and Kashmir	234	429	663
Himachal Pradesh	233	285	518
Punjab	727	1138	1865
Chandigarh	57	133	190
Uttarakhand	415	210	625
Haryana	1610	1256	2866
Delhi	1221	1606	2827
Rajasthan	1380	1819	3199
Uttar Pradesh	2751	3426	6176
Bihar	718	1469	2187
Sikkim	30	53	83
Arunachal Pradesh	37	113	150
Nagaland	18	70	88
Manipur	23	58	80
Mizoram	22	57	79
Tripura	40	86	125
Meghalaya	50	99	149
Assam	451	696	1146
West Bengal	1953	1531	3483
Jharkhand	721	330	1051
Odisha	1300	416	1716
Chhattisgarh	627	382	1009
Madhya Pradesh	1045	1581	2626
Gujarat	3293	1917	5210
Dadra and Nagar Haveli and Daman and Diu	56	29	85
Maharashtra	7958	4167	12124
Karnataka	3181	2650	5831
Goa	173	146	320
Lakshadweep	2	13	14
Kerala	1093	1441	2534
Tamil Nadu	3300	2119	5419
Puducherry	41	57	99
Andaman and Nicobar Islands	11	25	37
Telangana	1623	1722	3345
Andhra Pradesh	1199	1556	2755
Ladakh	11	47	58
Other Territory	19	55	75
Grand Total	37623	33188	70811

 

GST revenue growth: July collections show sustained year on year increase driven by domestic transaction receipts and IGST settlements. Gross Goods and Services Tax collections for July 2023 rose year on year, driven by higher revenues from domestic transactions (including import of services). The release disaggregates receipts into CGST, SGST, IGST (including import of goods) and cess, and records IGST settlements to CGST and SGST producing post settlement totals for the Centre and States. State wise comparisons for July 2023 versus July 2022 show heterogeneous growth rates, and a table details SGST collections plus the SGST portion of IGST settled to each State/UT, yielding total state receipts.