Goods and Services Tax – GST Dated:- 3-4-2023 – News – ₹1,60,122 crore gross GST revenue collected for March 2023 Second highest collection ever, next only to the collection in April 2022 Monthly GST revenues more than ₹1.4 lakh crore for 12 months in a row, with ₹1.6 lakh crore crossed for the 2nd time since inception of GST GST revenues clock 13% growth Year-on-Year Total gross collection for 2022-23 stands at ₹18.10 lakh crore; average gross monthly collection for the full year is ₹1.51 lakh crore Gross revenues in 2022-23 were 22% higher than that last year The gross GST revenue collected in the month of March 2023 is ₹1,60,122 crore of which CGST is ₹29,546 crore , SGST is ₹37,314 crore , IGST is ₹82,907 crore (including ₹42,503 crore collected on import of goods) and cess is ₹10,355 crore (including ₹960 crore collected on import of goods). It is for the fourth time, in the cu
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ill March 2023 as compared to 83.1% and 84.7%, respectively same month last year. The total gross collection for 2022-23 stands at ₹18.10 lakh crore and the average gross monthly collection for the full year is ₹1.51 lakh crore. The gross revenues in 2022-23 were 22% higher than that last year. The average monthly gross GST collection for the last quarter of the FY 2022-23 has been ₹1.55 lakh crore against the average monthly collection of ₹1.51 lakh crore, ₹1.46 lakh crore and ₹1.49 lakh crore in the first, second and third quarters respectively. 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 2023 as compared to March 2022. State-wise growth of GST Revenues during March 2023 [1] (₹ crore) State Mar-22 Mar-23
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3,587 4,154 15.80 9 Uttar Pradesh 6,620 7,613 15.01 10 Bihar 1,348 1,744 29.40 11 Sikkim 230 262 14.11 12 Arunachal Pradesh 105 144 37.56 13 Nagaland 43 58 35.07 14 Manipur 60 65 9.37 15 Mizoram 37 70 91.16
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3,346 14.01 24 Gujarat 9,158 9,919 8.31 25 Daman and Diu 26 Dadra and Nagar Haveli 284 309 8.99 27 Maharashtra 20,305 22,695 11.77 29 Karnataka 8,750 10,360 18.40 30 Goa 386 515 33.33 31 Lakshadweep 2 3 30.14 32
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