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March 1, 2023

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

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

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.

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

State-wise growth of GST Revenues during February 2023[1]

StateFeb-22Feb-23Growth
Jammu and Kashmir32643433%  
Himachal Pradesh657691  5%
Punjab1480  165112%  
Chindigarh178  1885%
Uttrakhand1176  140520%
Haryana5928  731023%
Delhi3922  476922%
Rajasthan  3469  394114%
Uttar Pradesh  6519  743114%
Bihar  1206149924%
Sikkim  22226519%
Arunachal Pradesh  567839%
Nagaland  335464%
Manipur  396464%
Mizoram  2458138%
Tripura  667920%
Meghalaya  201189-6%
Assam  1008111110%
West Bangal  4414495512%
Jharjhand  2536296217%
Odisha  4101451910%
Chhattisgarh  278330098%
Madhya Pradesh  2853323513%
Gujrat  887395748%
Dadra and Nagar Nagar Haveli  2602839%
Maharashtra  194232234915%
Karnataka  91761080918%
Goa  36449335%
Lakshdweep  13274%
Kerala  2074232612%
Tamil Nadu  7393877419%
Puducherry  1781885%
Andaman and Nicobar Islands  223140%
Telangana  411344248%
Andhra Pradesh  3157355713%
Ladakh  162456%
Other Territory  13621155%
Centre Jurisdiction  167154-8%
Total  9855011309615%

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