Rs 1.57
lakh Crs GST Collected in May
·
₹1,57,090 crore gross GST revenue
collected for May 2023; clocks 12% Year-on-Year growth
·
Monthly GST revenues more than ₹1.4
lakh crore for 14 months in a row, with ₹1.5 lakh crore crossed for the 5th
time since inception of GST
·
Revenue from import of goods 12% higher
Y-o-Y; Domestic transactions (including import of services) revenue 11% higher Y-o-Y
The gross Good & Services Tax (GST)
revenue collected in the month of May, 2023 is ₹1,57,090 crore of which
CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST is
₹81,363 crore (including ₹41,772 crore collected on import of
goods) and cess is ₹11,489 crore (including ₹1,057 crore collected
on import of goods).
The government has settled ₹35,369
crore to CGST and ₹29,769 crore to SGST from IGST. The total revenue of Centre
and the States in the month of May 2023 after regular settlement is ₹63,780
crore for CGST and ₹65,597 crore for the SGST.
The revenues for the month of May 2023 are
12% higher than the GST revenues in the same month last year. During the month,
revenue from import of goods was 12% higher
and the revenues from domestic transactions
(including import of services) are 11% higher than the revenues from these sources
during the same month last year.
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 May 2023 as compared to May 2022.
|
State-wise growth of GST Revenues during May 2023[1] |
|||
|
State/UT |
May-22 |
May-23 |
Growth (%) |
|
Jammu and Kashmir |
372 |
422 |
14 |
|
Himachal Pradesh |
741 |
828 |
12 |
|
Punjab |
1833 |
1744 |
-5 |
|
Chandigarh |
167 |
259 |
55 |
|
Uttarakhand |
1309 |
1431 |
9 |
|
Haryana |
6663 |
7250 |
9 |
|
Delhi |
4113 |
5147 |
25 |
|
Rajasthan |
3789 |
3924 |
4 |
|
Uttar Pradesh |
6670 |
7468 |
12 |
|
Bihar |
1178 |
1366 |
16 |
|
Sikkim |
279 |
334 |
20 |
|
Arunachal Pradesh |
82 |
120 |
47 |
|
Nagaland |
49 |
52 |
6 |
|
Manipur |
47 |
39 |
-17 |
|
Mizoram |
25 |
38 |
52 |
|
Tripura |
65 |
75 |
14 |
|
Meghalaya |
174 |
214 |
23 |
|
Assam |
1062 |
1217 |
15 |
|
West Bengal |
4896 |
5162 |
5 |
|
Jharkhand |
2468 |
2584 |
5 |
|
Odisha |
3956 |
4398 |
11 |
|
Chattisgarh |
2627 |
2525 |
-4 |
|
Madhya Pradesh |
2746 |
3381 |
23 |
|
Gujarat |
9321 |
9800 |
5 |
|
Dadra and Nagar Haveli and Daman and Diu |
300 |
324 |
8 |
|
Maharashtra |
20313 |
23536 |
16 |
|
Karnataka |
9232 |
10317 |
12 |
|
Goa |
461 |
523 |
13 |
|
Lakshadweep |
1 |
2 |
210 |
|
Kerala |
2064 |
2297 |
11 |
|
Tamil Nadu |
7910 |
8953 |
13 |
|
Puducherry |
181 |
202 |
12 |
|
Andaman and Nicobar Islands |
24 |
31 |
27 |
|
Telangana |
3982 |
4507 |
13 |
|
Andhra Pradesh |
3047 |
3373 |
11 |
|
Ladakh |
12 |
26 |
113 |
|
Other Territory |
185 |
201 |
9 |
|
Center
Jurisdiction |
140 |
187 |
34 |
|
Grand Total |
102485 |
114261 |
11 |