Revenue from domestic transactions (including import of services) is also 13% higher Y-o-Y

Average gross monthly GST collection in FY 2023-24 now stands at ₹1.66 lakh crore; 11% higher Y-o-Y

The gross GST revenue collected in the month of October, 2023 is ₹ 1,72,003 crore out of which ₹ 30,062 crore is CGST, ₹ 38,171 crore is SGST, ₹ 91,315 crore (including ₹ 42,127 crore collected on import of goods) is IGST and ₹ 12,456 crore (including ₹ 1,294 crore collected on import of goods) is cess.

The government has settled ₹ 42,873 crore to CGST and ₹ 36,614 crore to SGST from IGST. The total revenue of Centre and the States in the month of October, 2023 after regular settlement is ₹72,934 crore for CGST and ₹ 74,785 crore for SGST.

The gross GST revenue for the month of October, 2023 is 13% higher than that in the same month last year. During the month, revenue from domestic transactions (including import of services) is also 13% higher than the revenues from these sources during the same month last year. The average gross monthly GST collection in the FY 2023-24 now stands at Rs. 1.66 lakh crore and is 11% per cent more than that in the same period in the previous financial year.

The chart below shows trends in monthly gross GST revenues during the current year. The table below shows the state-wise figures of post settlement GST revenue of each State till the month of October 2023.

Chart: Trends in GST Collection

Table: SGST & SGST portion of IGST settled to States/UTs

April-October (Rs. in crore)

	Pre-Settlement SGST			Post-Settlement SGST1
State/UT	2022-23	2023-24	Growth	2022-23	2023-24	Growth
Jammu and Kashmir	1,318	1,762	34%	4,299	4,817	12%
Himachal Pradesh	1,341	1,546	15%	3,368	3,302	-2%
Punjab	4,457	4,903	10%	11,378	13,115	15%
Chandigarh	351	389	11%	1,227	1,342	9%
Uttarakhand	2,805	3,139	12%	4,513	4,890	8%
Haryana	10,657	11,637	9%	18,291	20,358	11%
Delhi	8,000	9,064	13%	16,796	18,598	11%
Rajasthan	8,832	9,859	12%	19,922	22,571	13%
Uttar Pradesh	15,848	18,880	19%	38,731	42,482	10%
Bihar	4,110	4,731	15%	13,768	15,173	10%
Sikkim	179	297	66%	489	629	29%
Arunachal Pradesh	282	378	34%	932	1,155	24%
Nagaland	125	177	42%	564	619	10%
Manipur	166	210	27%	812	659	-19%
Mizoram	105	168	60%	488	573	18%
Tripura	242	299	23%	847	928	9%
Meghalaya	265	353	33%	841	988	17%
Assam	2,987	3,428	15%	7,237	8,470	17%
West Bengal	12,682	13,799	9%	22,998	24,607	7%
Jharkhand	4,329	5,152	19%	6,466	7,128	10%
Odisha	8,265	9,374	13%	11,031	12,723	15%
Chhattisgarh	4,285	4,773	11%	6,421	7,656	19%
Madhya Pradesh	6,062	7,384	22%	15,418	18,100	17%
Gujarat	21,644	24,005	11%	32,943	36,322	10%
Dadra and Nagar Haveli and Daman and Diu	381	372	-3%	709	606	-15%
Maharashtra	48,870	58,057	19%	74,612	84,712	14%
Karnataka	20,165	23,400	16%	37,924	42,657	12%
Goa	1,111	1,307	18%	2,024	2,299	14%
Lakshadweep	6	16	162%	18	66	259%
Kerala	7,016	8,082	15%	17,450	18,370	5%
Tamil Nadu	20,836	23,661	14%	34,334	37,476	9%
Puducherry	271	288	6%	695	833	20%
Andaman and Nicobar Islands	112	125	12%	287	311	8%
Telangana	9,538	11,377	19%	21,301	23,478	10%
Andhra Pradesh	7,347	8,128	11%	16,441	18,488	12%
Ladakh	81	121	49%	311	377	21%
Other Territory	97	140	44%	281	685	144%
Grand Total	2,35,167	2,70,777	15%	4,46,167	4,97,562	12%

¹ Post-Settlement GST is cumulative of the GST revenues of the States/UTs and the SGST portion of the IGST settled to the States/UTs

GST revenue growth signals higher monthly and average fiscal collections, with IGST settlements affecting Centre State shares. Gross Goods and Services Tax receipts for October 2023 were the second highest on record and showed year on year growth, with domestic transaction collections (including import of services) also up. The release sets out the composition of collections by CGST, SGST, IGST and cess, describes IGST apportionment and regular settlement to Centre and States, and presents pre settlement and post settlement state/UT figures for April-October with growth comparisons.