GST Revenue Collection for February 2021
₹ 1,13,143 crore gross GST Revenue
Collected in the month
Revenues
for the month of February 2021, 7% Higher than the GST Revenues in the same
month last year
[MoF
Press Release/01.03.2021]
The gross GST revenue collected in the month of February
2021 is ₹ 1,13,143 crore of which CGST is
₹ 21,092 crore, SGST is ₹ 27,273 crore, IGST is ₹
55,253 crore (including ₹ 24,382 crore collected on import of goods)
and Cess is ₹ 9,525 crore (including
₹ 660 crore collected on import of goods).
The government has settled ₹ 22,398 crore to CGST and
₹ 17,534 crore to SGST from IGST as regular settlement. In addition,
Centre has also settled ₹ 48,000 crore as IGST ad-hoc settlement in the
ratio of 50:50 between Centre and States/UTs. The total revenue of Centre and
the States after regular settlement and ad-hoc settlement in the month of
February 2021 is ₹ 67,490 crore for CGST and ₹ 68,807 crore for the
SGST.
In line with the trend of recovery in the GST revenues over
past five months, the revenues for the month of February 2021 are 7% higher
than the GST revenues in the same month last year. During the month, revenues
from import of goods was 15% higher and the revenues from domestic
transaction (including import of services) are 5% higher than the
revenues from these sources during the same month last year.
The GST revenues crossed ₹ 1 lakh fifth time in a row
and crossed ₹ 1.1 lakh crore third time in a row
post pandemic despite this being revenue collection of the month of February.
This is a clear indication of the economic recovery and the impact of various
measures taken by tax administration to improve compliance.
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 2021 as
compared to February 2020.
|
State-wise growth of GST Revenues
during February 2021[1] |
||||
|
|
State |
Feb-20 |
Feb-21 |
Growth |
|
1 |
Jammu and Kashmir |
316.17 |
329.89 |
4% |
|
2 |
Himachal Pradesh |
620.69 |
663.12 |
7% |
|
3 |
Punjab |
1,228.94 |
1,299.37 |
6% |
|
4 |
Chandigarh |
172.37 |
148.5 |
-14% |
|
5 |
Uttarakhand |
1,280.93 |
1,181.13 |
-8% |
|
6 |
Haryana |
5,266.43 |
5,589.81 |
6% |
|
7 |
Delhi |
3,834.75 |
3,727.46 |
-3% |
|
8 |
Rajasthan |
2,932.09 |
3,223.70 |
10% |
|
9 |
Uttar Pradesh |
5,775.91 |
5,996.62 |
4% |
|
10 |
Bihar |
1,120.50 |
1,127.99 |
1% |
|
11 |
Sikkim |
182.65 |
222.35 |
22% |
|
12 |
Arunachal Pradesh |
48.36 |
61.36 |
27% |
|
13 |
Nagaland |
24.93 |
34.83 |
40% |
|
14 |
Manipur |
37.36 |
32.34 |
-13% |
|
15 |
Mizoram |
24.84 |
21.06 |
-15% |
|
16 |
Tripura |
63.26 |
63.25 |
0% |
|
17 |
Meghalaya |
156.57 |
146.5 |
-6% |
|
18 |
Assam |
923.87 |
945.84 |
2% |
|
19 |
West Bengal |
3,941.54 |
4,334.98 |
10% |
|
20 |
Jharkhand |
2,070.87 |
2,321.03 |
12% |
|
21 |
Odisha |
2,790.16 |
3,340.57 |
20% |
|
22 |
Chhattisgarh |
2,274.41 |
2,453.10 |
8% |
|
23 |
Madhya Pradesh |
2,621.03 |
2,791.57 |
7% |
|
24 |
Gujarat |
7,215.54 |
8,221.23 |
14% |
|
25 |
Daman and Diu |
94.47 |
2.61 |
-97% |
|
26 |
Dadra and Nagar Haveli |
145.41 |
235.09 |
62% |
|
27 |
Maharashtra |
15,734.66 |
16,103.50 |
2% |
|
29 |
Karnataka |
7,413.83 |
7,581.45 |
2% |
|
30 |
Goa |
410.61 |
343.8 |
-16% |
|
31 |
Lakshadweep |
2.14 |
0.46 |
-79% |
|
32 |
Kerala |
1,754.12 |
1,806.10 |
3% |
|
33 |
Tamil Nadu |
6,426.49 |
7,008.21 |
9% |
|
34 |
Puducherry |
158.86 |
158.05 |
-1% |
|
35 |
Andaman and Nicobar Islands |
36.01 |
23.26 |
-35% |
|
36 |
Telangana |
3,667.13 |
3,636.44 |
-1% |
|
37 |
Andhra Pradesh |
2,563.33 |
2,652.57 |
3% |
|
38 |
Ladakh |
0 |
9.06 |
|
|
97 |
Other Territory |
145.11 |
134.33 |
-7% |
|
99 |
Centre Jurisdiction |
100.14 |
129.03 |
29% |
|
|
Grand Total |
83,581.02 |
88,101.59 |
5% |
[1] Does not include GST
on import of goods