Gross GST collection averages ₹1.66 lakh crore in first 9 months of FY24
₹1,64,882 crore gross GST revenue collection for December, 2023
During the April-December 2023 period, gross GST collection witnessed a robust 12% y-o-y growth, reaching ₹14.97 lakh crore, as against ₹13.40 lakh crore collected in the same period of the previous year (April-December 2022).
The average monthly gross GST collection of ₹1.66 lakh crore in the first 9-month period this year represents a 12% increase compared to the ₹1.49 lakh crore average recorded in the corresponding period of FY23.
The gross GST revenue collected in the month of December, 2023 is ₹1,64,882 crore out of which CGST is ₹30,443 crore, SGST is ₹37,935 crore, IGST is ₹84,255 crore (including ₹41,534 crore collected on import of goods) and cess is ₹12,249 crore (including ₹1,079 crore collected on import of goods). Notably, this marks the seventh month so far this year with collections exceeding ₹1.60 lakh crore.
The government has settled ₹40,057 crore to CGST and ₹33,652 crore to SGST from IGST. The total revenue of Centre and the States in the month of December, 2023 after regular settlement is ₹70,501 crore for CGST and ₹71,587 crore for the SGST.
The revenues for the month of December, 2023 are 10.3% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 13% higher than the revenues from these sources during the same month last year.
The chart below shows trends in monthly gross GST revenues during the current year. Table-1 shows the state-wise figures of GST collected in each State during the month of December 2023 as compared to December 2022. Table-2 shows the state-wise figures of post settlement GST revenue of each State till the month of December 2023.
Chart: Trends in GST Collection
Table -1: State-wise growth of GST Revenues during December, 2023
|
State/UT
|
Dec-22
|
Dec-23
|
Growth (%)
|
|
Jammu and Kashmir
|
410
|
492
|
20%
|
|
Himachal Pradesh
|
708
|
745
|
5%
|
|
Punjab
|
1,734
|
1,875
|
8%
|
|
Chandigarh
|
218
|
281
|
29%
|
|
Uttarakhand
|
1,253
|
1,470
|
17%
|
|
Haryana
|
6,678
|
8,130
|
22%
|
|
Delhi
|
4,401
|
5,121
|
16%
|
|
Rajasthan
|
3,789
|
3,828
|
1%
|
|
Uttar Pradesh
|
7,178
|
8,011
|
12%
|
|
Bihar
|
1,309
|
1,487
|
14%
|
|
Sikkim
|
290
|
254
|
-13%
|
|
Arunachal Pradesh
|
67
|
97
|
44%
|
|
Nagaland
|
44
|
46
|
4%
|
|
Manipur
|
46
|
50
|
9%
|
|
Mizoram
|
23
|
27
|
18%
|
|
Tripura
|
78
|
79
|
2%
|
|
Meghalaya
|
171
|
171
|
0%
|
|
Assam
|
1,150
|
1,303
|
13%
|
|
West Bengal
|
4,583
|
5,019
|
10%
|
|
Jharkhand
|
2,536
|
2,632
|
4%
|
|
Odisha
|
3,854
|
4,351
|
13%
|
|
Chhattisgarh
|
2,585
|
2,613
|
1%
|
|
Madhya Pradesh
|
3,079
|
3,423
|
11%
|
|
Gujarat
|
9,238
|
9,874
|
7%
|
|
Dadra and Nagar Haveli and Daman & Diu
|
318
|
333
|
5%
|
|
Maharashtra
|
23,598
|
26,814
|
14%
|
|
Karnataka
|
10,061
|
11,759
|
17%
|
|
Goa
|
460
|
553
|
20%
|
|
Lakshadweep
|
1
|
4
|
310%
|
|
Kerala
|
2,185
|
2,458
|
12%
|
|
Tamil Nadu
|
8,324
|
9,888
|
19%
|
|
Puducherry
|
192
|
232
|
21%
|
|
Andaman and Nicobar Islands
|
21
|
28
|
35%
|
|
Telangana
|
4,178
|
4,753
|
14%
|
|
Andhra Pradesh
|
3,182
|
3,545
|
11%
|
|
Ladakh
|
26
|
58
|
127%
|
|
Other Territory
|
249
|
227
|
-9%
|
|
Center Jurisdiction
|
179
|
243
|
36%
|
|
Grand Total
|
1,08,394
|
1,22,270
|
13%
|
Table-2: SGST & SGST portion of IGST settled to States/UTs
April-December (Rs. in crore)
|
|
Pre-Settlement SGST
|
Post-Settlement SGST[2]
|
|
State/UT
|
2022-23
|
2023-24
|
Growth
|
2022-23
|
2023-24
|
Growth
|
|
Jammu and Kashmir
|
1,699
|
2,188
|
29%
|
5,442
|
6,021
|
11%
|
|
Himachal Pradesh
|
1,731
|
1,929
|
11%
|
4,205
|
4,160
|
-1%
|
|
Punjab
|
5,719
|
6,280
|
10%
|
14,371
|
16,382
|
14%
|
|
Chandigarh
|
451
|
495
|
10%
|
1,582
|
1,708
|
8%
|
|
Uttarakhand
|
3,568
|
4,046
|
13%
|
5,758
|
6,288
|
9%
|
|
Haryana
|
13,424
|
14,992
|
12%
|
23,134
|
25,733
|
11%
|
|
Delhi
|
10,167
|
11,544
|
14%
|
21,426
|
23,611
|
10%
|
|
Rajasthan
|
11,483
|
12,732
|
11%
|
25,903
|
28,794
|
11%
|
|
Uttar Pradesh
|
20,098
|
24,164
|
20%
|
49,384
|
55,656
|
13%
|
|
Bihar
|
5,307
|
6,067
|
14%
|
17,360
|
19,157
|
10%
|
|
Sikkim
|
221
|
341
|
54%
|
623
|
738
|
18%
|
|
Arunachal Pradesh
|
344
|
464
|
35%
|
1,176
|
1,418
|
21%
|
|
Nagaland
|
158
|
226
|
43%
|
716
|
781
|
9%
|
|
Manipur
|
216
|
254
|
18%
|
1,046
|
813
|
-22%
|
|
Mizoram
|
130
|
197
|
51%
|
623
|
707
|
14%
|
|
Tripura
|
311
|
375
|
21%
|
1,074
|
1,166
|
9%
|
|
Meghalaya
|
339
|
438
|
29%
|
1,087
|
1,244
|
14%
|
|
Assam
|
3,785
|
4,346
|
15%
|
9,280
|
10,727
|
16%
|
|
West Bengal
|
15,959
|
17,428
|
9%
|
29,170
|
31,300
|
7%
|
|
Jharkhand
|
5,562
|
6,545
|
18%
|
8,237
|
9,148
|
11%
|
|
Odisha
|
10,313
|
11,903
|
15%
|
14,046
|
18,093
|
29%
|
|
Chhattisgarh
|
5,426
|
6,004
|
11%
|
8,370
|
9,937
|
19%
|
|
Madhya Pradesh
|
7,890
|
9,606
|
22%
|
20,834
|
24,026
|
15%
|
|
Gujarat
|
27,820
|
31,028
|
12%
|
42,354
|
46,624
|
10%
|
|
Dadra and Nagar Haveli and Daman and Diu
|
479
|
481
|
0%
|
889
|
804
|
-10%
|
|
Maharashtra
|
63,169
|
74,589
|
18%
|
95,981
|
1,08,887
|
13%
|
|
Karnataka
|
25,976
|
30,070
|
16%
|
48,642
|
54,881
|
13%
|
|
Goa
|
1,435
|
1,685
|
17%
|
2,606
|
2,951
|
13%
|
|
Lakshadweep
|
7
|
17
|
153%
|
22
|
72
|
222%
|
|
Kerala
|
9,011
|
10,293
|
14%
|
21,953
|
23,045
|
5%
|
|
Tamil Nadu
|
26,657
|
30,329
|
14%
|
43,332
|
47,960
|
11%
|
|
Puducherry
|
344
|
371
|
8%
|
876
|
1,037
|
18%
|
|
Andaman and Nicobar Islands
|
133
|
155
|
16%
|
365
|
388
|
7%
|
|
Telangana
|
12,287
|
14,579
|
19%
|
27,964
|
29,889
|
7%
|
|
Andhra Pradesh
|
9,298
|
10,407
|
12%
|
21,137
|
23,481
|
11%
|
|
Ladakh
|
123
|
186
|
51%
|
420
|
523
|
25%
|
|
Other Territory
|
135
|
182
|
35%
|
420
|
903
|
115%
|
|
Grand Total
|
3,01,175
|
3,46,938
|
15%
|
5,71,807
|
6,39,052
|
12%
|
|
