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₹1,61,497 Cr GST Revenue Collected for June 2023 with 12% YoY Growth

Gross GST collection crosses ₹1.6 lakh crore mark for 4th time since inception of GST; ₹1.4 lakh crore for 16 months in a row; and ₹1.5 lakh 7th times since inception

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The gross GST revenue collected in the month of June, 2023 is ₹1,61,497 crore of which CGST is ₹31,013 crore, SGST is ₹38,292 crore, IGST is

₹80,292 crore (including ₹ 39,035 crore collected on import of goods) and cess is ₹11,900 crore (including ₹ 1,028 crore collected on import of goods).

The government has settled ₹36,224 crore to CGST and ₹30269 crore to SGST from IGST. The total revenue of Centre and the States in the month of June 2023 after regular settlement is ₹67,237 crore for CGST and ₹68,561 crore for the SGST.

The revenues for the month of June 2023 are 12% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 18% higher than the revenues from these sources during the same month last year.

It is for the fourth time, the gross GST collection has crossed Rs. 1.60 lakh crore mark. The average monthly gross GST collection for the first quarter of the FY 2021-22, FY 22-23 & FY 23-24 are Rs. 1.10 lakh crore, Rs. 1.51 lakh crore and Rs. 1.69 lakh crore respectively.

The chart below shows trends in monthly gross GST revenues during the current year. The table-1 shows the state-wise figures of GST collected in each State during the month of June 2023 as compared to June 2022 and table-2 shows the SGST portion of the IGST received/settled to the States/UTs in June’2023.

State-wise growth of GST Revenues during June 2023[1]

State/UTJune’22June’23Growth(%)
Jammu and Kashmir371.83588.6858%
Himachal Pradesh693.14840.6121%
Punjab1,682.501,965.9317%
Chandigarh169.7227.0634%
Uttarakhand1,280.921,522.5519%
Haryana6,713.897,988.1819%
Delhi4,313.364,744.1110%
Rajasthan3,385.953,892.0115%
Uttar Pradesh6,834.518,104.1519%
Bihar1,232.061,437.0617%
Sikkim256.37287.5112%
Arunachal Pradesh58.5390.6255%
Nagaland33.5879.2136%
Manipur38.7960.3756%
Mizoram25.8555.38114%
Tripura62.9975.1519%
Meghalaya152.59194.1427%
Assam972.071,213.0525%
West Bengal4,331.415,053.8717%
Jharkhand2,315.142,830.2122%
Odisha3,965.284,379.9810%
Chhattisgarh2,774.423,012.039%
Madhya Pradesh2,837.353,385.2119%
Gujarat9,206.5710,119.7110%
Dadra and Nagar Haveli and Daman & Diu349.70339.31-3%
Maharashtra22,341.4026,098.7817%
Karnataka8,844.8811,193.2027%
Goa428.63480.4312%
Lakshadweep0.6421.863316%
Kerala2,160.892,725.0826%
Tamil Nadu8,027.259,600.6320%
Puducherry182.46210.3815%
Andaman and Nicobar Islands22.3635.9861%
Telangana3,901.454,681.3920%
Andhra Pradesh2,986.523,477.4216%
Ladakh13.2214.5710%
Other Territory205.3227.4211%
Center Jurisdiction143.42179.6225%
Grand Total103317.18121433.5218%

Amount of SGST portion of IGST settled to States/UTs in June’2023

State/UTsAmount (Rs. In crore)
Jammu and Kashmir             417.85
Himachal Pradesh             222.35
Punjab             961.45
Chandigarh             122.21
Uttarakhand             221.64
Haryana          1,153.80
Delhi          1,136.95
Rajasthan          1,554.76
Uttar Pradesh          3,236.11
Bihar          1,491.33
Sikkim                39.30
Arunachal Pradesh             105.43
Nagaland                61.38
Manipur                49.88
Mizoram                55.95
Tripura                84.46
Meghalaya                86.75
Assam             743.95
West Bengal          1,503.81
Jharkhand             304.92
Odisha             409.84
Chhattisgarh             366.81
Madhya Pradesh          1,606.95
Gujarat          1,571.56
Dadra and Nagar Haveli and Daman and Diu                27.97
Maharashtra          3,484.55
Karnataka          2,688.90
Goa             162.97
Lakshadweep                  4.80
Kerala          1,415.11
Tamil Nadu          1,873.31
Puducherry             184.21
Andaman and Nicobar Islands                24.33
Telangana          1,621.37
Andhra Pradesh          1,159.88
Ladakh                28.68
Other Territory                82.97
Total

       30,268.53

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