₹1,12,020 crore Gross GST Revenue Collected in August 2021
The
gross GST revenue collected in the month of August 2021 is ₹ 1,12,020 crore of which CGST is ₹ 20,522 crore, SGST is
₹ 26,605 crore, IGST is ₹ 56,247 crore (including ₹ 26,884
crore collected on import of goods) and Cess is
₹ 8,646 crore (including ₹ 646 crore collected on import of goods).
The
government has settled ₹ 23,043 crore to CGST and ₹ 19,139 crore to
SGST from IGST as regular settlement. In addition, Centre has also settled
₹ 24,000 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
and ad-hoc settlements in the month of August’ 2021 is ₹ 55,565 crore for
CGST and ₹ 57,744 crore for the SGST.
The
revenues for the month of August 2021 are 30% higher than the GST revenues in
the same month last year. During the month, the revenues from domestic
transaction (including import of services) are 27% higher than the revenues
from these sources during the same month last year. Even as compared to the
August revenues in 2019-20 of ₹ 98,202 crore, this is a growth of 14%.
GST
collection, after posting above Rs. 1 lakh crore mark
for nine months in a row, dropped below Rs. 1 lakh
crore in June 2021 due to the second wave of covid.
With the easing out of COVID restrictions, GST collection for July and August
2021 have again crossed ₹1 lakh crore, which clearly indicates that the
economy is recovering at a fast pace. Coupled with economic growth,
anti-evasion activities, especially action against fake billers have also been
contributing to the enhanced GST collections. The robust GST revenues are
likely to continue in the coming months too.
The
table shows the state-wise figures of GST collected in each State during the
month of August 2021 as compared to August 2020.
State-wise
growth of GST Revenues during August 2021
|
|
State |
August-20 |
August-21 |
% growth |
|
1 |
Jammu and Kashmir |
326 |
392 |
20% |
|
2 |
Himachal Pradesh |
597 |
704 |
18% |
|
3 |
Punjab |
1,139 |
1,414 |
24% |
|
4 |
Chandigarh |
139 |
144 |
4% |
|
5 |
Uttarakhand |
1,006 |
1,089 |
8% |
|
6 |
Haryana |
4,373 |
5,618 |
28% |
|
7 |
Delhi |
2,880 |
3,605 |
25% |
|
8 |
Rajasthan |
2,582 |
3,049 |
18% |
|
9 |
Uttar Pradesh |
5,098 |
5,946 |
17% |
|
10 |
Bihar |
967 |
1,037 |
7% |
|
11 |
Sikkim |
147 |
219 |
49% |
|
12 |
Arunachal Pradesh |
35 |
53 |
52% |
|
13 |
Nagaland |
31 |
32 |
2% |
|
14 |
Manipur |
26 |
45 |
71% |
|
15 |
Mizoram |
12 |
16 |
31% |
|
16 |
Tripura |
43 |
56 |
30% |
|
17 |
Meghalaya |
108 |
119 |
10% |
|
18 |
Assam |
709 |
959 |
35% |
|
19 |
West Bengal |
3,053 |
3,678 |
20% |
|
20 |
Jharkhand |
1,498 |
2,166 |
45% |
|
21 |
Odisha |
2,348 |
3,317 |
41% |
|
22 |
Chhattisgarh |
1,994 |
2,391 |
20% |
|
23 |
Madhya Pradesh |
2,209 |
2,438 |
10% |
|
24 |
Gujarat |
6,030 |
7,556 |
25% |
|
25 |
Daman and Diu |
70 |
1 |
-99% |
|
26 |
Dadra and Nagar Haveli |
145 |
254 |
74% |
|
27 |
Maharashtra |
11,602 |
15,175 |
31% |
|
29 |
Karnataka |
5,502 |
7,429 |
35% |
|
30 |
Goa |
213 |
285 |
34% |
|
31 |
Lakshadweep |
0 |
1 |
220% |
|
32 |
Kerala |
1,229 |
1,612 |
31% |
|
33 |
Tamil Nadu |
5,243 |
7,060 |
35% |
|
34 |
Puducherry |
137 |
156 |
14% |
|
35 |
Andaman and Nicobar Islands |
13 |
20 |
58% |
|
36 |
Telangana |
2,793 |
3,526 |
26% |
|
37 |
Andhra Pradesh |
1,955 |
2,591 |
33% |
|
38 |
Ladakh |
5 |
14 |
213% |
|
97 |
Other Territory |
180 |
109 |
-40% |
|
99 |
Center Jurisdiction |
161 |
214 |
33% |
|
|
Grand
Total |
66,598 |
84,490 |
27% |
*Does not include GST on import of goods