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

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....,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year <br>GST<br>Dated:- 1-3-2023<br><BR>&#8377;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 an....

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....d domestic transaction (including import of services) 15% higher The gross GST revenue collected in the month of February 2023 is &#8377;1,49,577 crore of which CGST is &#8377;27,662 crore, SGST is &#8377;34,915 crore, IGST is &#8377;75,069 crore (including &#8377;35,689 crore collected on import of goods) and Cess is &#8377;11,931 crore (including &#8377;792 crore collected on import of goods) ....

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....The government has settled &#8377;34,770 crore to CGST and &#8377;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 &#8377;62,432 crore for CGST and &#8377;63,969 crore for the SGST. In addition, Centre had also released balance GST compensation of &#8377;16,982 crore for the month of June 202....

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....2 and &#8377;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 r....

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....evenues from these sources during the same month last year. This month witnessed the highest cess collection of &#8377;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 ea....

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....ch 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% Ut....

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....tar 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....

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....,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% Oth....

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....er Territory 136 211 55% Centre Jurisdiction 167 154 -8% Total 98,550 1,13,096 15% 1Does not include GST on import of goods<BR> News - Press release - PIB....