GST Revenue collection for November 2023, at ₹1,67,929 lakh crore records highest growth rate of 15% Y-o-Y

Gross GST collection crosses ₹1.60 lakh crore mark for the sixth time in FY 2023-24

GST collection higher by 11.9% Y-o-Y for FY2023-24 upto November, 2023

The gross GST revenue collected in the month of November, 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 crore, IGST is ₹87,009 crore (including ₹39,198 crore collected on import of goods) and cess is ₹12,274 crore (including ₹ 1,036 crore collected on import of goods).

The government has settled ₹37,878 crore to CGST and ₹31,557 crore to SGST from IGST. The total revenue of Centre and the States in the month of November, 2023 after regular settlement is ₹68,297 crore for CGST and ₹69,783 crore for the SGST.

The revenues for the month of November, 2023 are 15% higher than the GST revenues in the same month last year and highest for any month year-on-year during 2023-24, upto November 2023. During the month, the revenues from domestic transactions (including import of services) are 20% higher than the revenues from these sources during the same month last year. It is for the sixth time that the gross GST collection has crossed ₹1.60 lakh crore mark in FY 2023-24.The gross GST collection for the FY 2023-24 ending November, 2023 [₹13,32,440 crore, averaging ₹1.66 lakh per month] is 11.9 % higher than the gross GST collection for the FY 2022-23 ending November, 2022 [₹11,90,920 crore, averaging ₹1.49 lakh crore per month].

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 November 2023 as compared to November 2022. Table-2 shows the state-wise figures of post settlement GST revenue of each State till the month of November 2023.

Chart: Gross GST Collection (Rs. crore)

State-wise growth of GST Revenues during November, 2023^[1]

(Rs. Crore)

State/UT	Nov-22	Nov-23	Growth (%)
Jammu and Kashmir	430	469	9%
Himachal Pradesh	672	802	19%
Punjab	1,669	2,265	36%
Chandigarh	175	210	20%
Uttarakhand	1,280	1,601	25%
Haryana	6,769	9,732	44%
Delhi	4,566	5,347	17%
Rajasthan	3,618	4,682	29%
Uttar Pradesh	7,254	8,973	24%
Bihar	1,317	1,388	5%
Sikkim	209	234	12%
Arunachal Pradesh	62	92	48%
Nagaland	34	67	99%
Manipur	50	40	-21%
Mizoram	24	33	37%
Tripura	60	83	39%
Meghalaya	162	163	1%
Assam	1,080	1,232	14%
West Bengal	4,371	4,915	12%
Jharkhand	2,551	2,633	3%
Odisha	4,162	4,295	3%
Chhattisgarh	2,448	2,936	20%
Madhya Pradesh	2,890	3,646	26%
Gujarat	9,333	10,853	16%
Dadra and Nagar Haveli and Daman & Diu	305	333	9%
Maharashtra	21,611	25,585	18%
Karnataka	10,238	11,970	17%
Goa	447	503	12%
Lakshadweep	0	0	-15%
Kerala	2,094	2,515	20%
Tamil Nadu	8,551	10,255	20%
Puducherry	209	228	9%
Andaman and Nicobar Islands	23	31	37%
Telangana	4,228	4,986	18%
Andhra Pradesh	3,134	4,093	31%
Ladakh	50	62	25%
Other Territory	184	222	21%
Center Jurisdiction	154	223	45%
Grand Total	1,06,416	1,27,695	20%

Table-2: SGST & SGST portion of IGST settled to States/UTs

April-November (Rs. crore)

	Pre-Settlement SGST			Post-Settlement SGST[2]
State/UT	2022-23	2023-24	Growth	2022-23	2023-24	Growth
Jammu and Kashmir	1,513	1,960	30%	4,892	5,367	10%
Himachal Pradesh	1,547	1,731	12%	3,838	3,701	-4%
Punjab	5,102	5,612	10%	12,906	14,734	14%
Chandigarh	401	439	9%	1,414	1,505	6%
Uttarakhand	3,193	3,625	14%	5,157	5,586	8%
Haryana	12,052	13,415	11%	20,761	23,134	11%
Delhi	9,127	10,340	13%	19,202	21,037	10%
Rajasthan	10,146	11,348	12%	22,853	25,699	12%
Uttar Pradesh	17,924	21,624	21%	43,951	49,282	12%
Bihar	4,715	5,377	14%	15,672	16,991	8%
Sikkim	202	321	59%	558	677	21%
Arunachal Pradesh	311	418	34%	1,059	1,276	21%
Nagaland	138	206	49%	635	701	10%
Manipur	190	229	20%	924	730	-21%
Mizoram	117	182	56%	557	634	14%
Tripura	272	335	23%	955	1,037	9%
Meghalaya	298	394	32%	961	1,103	15%
Assam	3,379	3,885	15%	8,236	9,553	16%
West Bengal	14,298	15,600	9%	25,878	28,042	8%
Jharkhand	4,947	5,866	19%	7,374	8,116	10%
Odisha	9,279	10,626	15%	12,486	15,515	24%
Chhattisgarh	4,838	5,398	12%	7,366	8,831	20%
Madhya Pradesh	6,979	8,496	22%	17,772	20,673	16%
Gujarat	24,753	27,671	12%	37,497	41,545	11%
Dadra and Nagar Haveli and Daman and Diu	427	426	0%	792	699	-12%
Maharashtra	55,650	65,983	19%	84,633	96,551	14%
Karnataka	23,026	26,713	16%	43,152	48,766	13%
Goa	1,272	1,487	17%	2,325	2,616	13%
Lakshadweep	6	16	157%	20	69	239%
Kerala	8,005	9,171	15%	19,657	20,623	5%
Tamil Nadu	23,802	27,046	14%	38,849	42,472	9%
Puducherry	308	330	7%	793	933	18%
Andaman and Nicobar Islands	123	140	14%	322	347	8%
Telangana	10,926	12,994	19%	24,460	26,691	9%
Andhra Pradesh	8,325	9,291	12%	18,742	20,952	12%
Ladakh	111	155	40%	378	457	21%
Other Territory	114	156	37%	329	702	113%
Grand Total	2,67,818	3,09,003	15%	5,07,355	5,67,464	12%

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