₹1,60,122 crore gross GST revenue collected for March 2023

Second highest collection ever, next only to the collection in April 2022

Monthly GST revenues more than ₹1.4 lakh crore for 12 months in a row, with ₹1.6 lakh crore crossed for the 2nd time since inception of GST

GST revenues clock 13% growth Year-on-Year

Total gross collection for 2022-23 stands at ₹18.10 lakh crore; average gross monthly collection for the full year is ₹1.51 lakh crore

Gross revenues in 2022-23 were 22% higher than that last year

The gross GST revenue collected in the month of March 2023 is ₹1,60,122 crore of which CGST is ₹29,546 crore, SGST is ₹37,314 crore, IGST is ₹82,907 crore (including ₹42,503 crore collected on import of goods) and cess is ₹10,355 crore (including ₹960 crore collected on import of goods). It is for the fourth time, in the current financial year that the gross GST collection has crossed ₹1.5 lakh crore mark registering second highest collection since implementation of GST. This month witnessed the highest IGST collection ever.

The government has settled ₹33,408 crore to CGST and ₹28,187 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States in the month of March 2023 after IGST settlement is ₹62,954 crore for CGST and ₹65,501 crore for the SGST.

The revenues for the month of March 2023 are 13% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 8% higher and the revenues from domestic transaction (including import of services) are 14% higher than the revenues from these sources during the same month last year. The return filing during March 2023 has been highest ever. 93.2% of statement of invoices (in GSTR-1) and 91.4% of returns (in GSTR-3B) of February were filed till March 2023 as compared to 83.1% and 84.7%, respectively same month last year.

The total gross collection for 2022-23 stands at ₹18.10 lakh crore and the average gross monthly collection for the full year is ₹1.51 lakh crore. The gross revenues in 2022-23 were 22% higher than that last year. The average monthly gross GST collection for the last quarter of the FY 2022-23 has been ₹1.55 lakh crore against the average monthly collection of ₹1.51 lakh crore, ₹1.46 lakh crore and ₹1.49 lakh crore in the first, second and third quarters respectively.

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 March 2023 as compared to March 2022.

	State	March 22	March 23	Growth (%)
1	Jammu & Kashmir	368	477	29.42
2	Himachal Pradesh	684	739	8.11
3	Punjab	1572	1735	10.37
4	Chandigarh	184	202	10.09
5	Uttarakhand	1255	1523	21.34
6	Haryana	6654	7780	16.93
7	Delhi	4112	4840	17.72
8	Rajasthan	3587	4154	15.80
9	Uttar Pradesh	6620	7613	15.01
10	Bihar	1348	1744	29.40
11	Sikkim	230	262	14.11
12	Arunachal Pradesh	105	144	37.56
13	Nagaland	43	58	35.07
14	Manipur	63	65	9.37
15	Mizorma	37	70	91.16
16	Tiripura	82	90	10.21
17	Meghalay	181	202	11.51
18	Assam	1115	1280	14.87
19	West Bangal	4472	5092	13.88
20	Jharkhand	2550	3083	20.92
21	Odisha	4125	4749	15.14
22	Chhatisgarh	2720	3017	10.90
23	Madhya Pradesh	2935	3346	14.01
24	Gujrat	9158	9919	8.31
25	Daman & Diu
26	Dadra & Nagar Haveli	284	309	8.99
27	Maharashtra	20305	22695	11.77
29	Karnataka	8750	10360	18.40
30	Goa	386	515	33.33
31	Lakshdweep	2	3	13.14
32	Kerala	2089	2354	12.67
33	Tamil Nadu	8023	9245	15.24
34	Puducherry	163	204	24.78
35	Andaman & Nicobar Islands	27	37	38.88
36	Telangana	4242	4804	13.25
37	Andhra Pradesh	3174	3532	11.26
38	Ladakh	23	23	-3.66
97	Other Territory	149	249	66.48
99	Center Jurisdiction	170	142	-16-31
	Grand Total	1,01,983	116659	14.39

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