Goods and Services Tax – GST Dated:- 1-4-2021 – News – GST Revenue collection for March 21 sets new record ₹ 1,23,902 crore gross GST revenue collected in the month of March 2021 The gross GST revenue collected in the month of March 2021 is at a record of ₹ 1,23,902 crore of which CGST is ₹ 22,973 crore , SGST is ₹ 29,329 crore , IGST is ₹ 62,842 crore (including ₹ 31,097 crore collected on import of goods) and Cess is ₹ 8,757 crore (including ₹ 935 crore collected on import of goods). The government has settled ₹ 21,879 crore to CGST and ₹ 17,230 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 28,000 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 March 2021 is ₹ 58,852 crore for CGST and ₹ 60,559 crore for the SG
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rend over this period are clear indicators of rapid economic recovery post pandemic. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective tax administration have also contributed to the steady increase in tax revenue over last few months. 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 March 2021 as compared to March 2020. State-wise growth of GST Revenues during March 2021 1 State Mar-20 Mar-21 Growth 1 Jammu and Kashmir 276.17 351.61 27% 2 Himachal Pradesh 595.89 686.88 15%
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13% 12 Arunachal Pradesh 66.71 92.03 38% 13 Nagaland 38.75 45.48 17% 14 Manipur 35.89 50.36 40% 15 Mizoram 33.19 34.93 5% 16 Tripura 67.1 87.9 31% 17 Meghalaya 132.72 151.97 15% 18 Assam 931.72 1,004.65 8% 19 West Bengal 3,582.26 4,386.79 22% 20 Jharkhand 2,049.43
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30 Goa 316.47 344.28 9% 31 Lakshadweep 1.34 1.54 15% 32 Kerala 1,475.25 1,827.94 24% 33 Tamil Nadu 6,177.82 7,579.18 23% 34 Puducherry 149.32 161.04 8% 35 Andaman and Nicobar Islands 38.58 25.66 -33% 36 Telangana 3,562.56 4,166.42 17% 37 Andhra Pradesh 2,548.13 2,685.09 5% 38 Ladakh 0.84
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