Posting a growth rate of 12% Y-o-Y, ₹14.97 lakh crore gross GST collection during April-December 2023 period

Goods and Services Tax – GST Dated:- 1-1-2024 – News – Gross GST collection averages ₹1.66 lakh crore in first 9 months of FY24 ₹1,64,882 crore gross GST revenue collection for December, 2023 During the April-December 2023 period, gross GST collection witnessed a robust 12% y-o-y growth, reaching ₹14.97 lakh crore , as against ₹13.40 lakh crore collected in the same period of the previous year (April-December 2022). The average monthly gross GST collection of ₹1.66 lakh crore in the first 9-month period this year represents a 12% increase compared to the ₹1.49 lakh crore average recorded in the corresponding period of FY23. The gross GST revenue collected in the month of December, 2023 is ₹1,64,882 crore out of which CGST is ₹30,443 crore, SGST is ₹37,935 crore, IGST is ₹84,255 crore (including ₹41,534 crore collected on import of goods) and cess is ₹12,249 crore (including ₹1,079 cr

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h State till the month of December 2023. Chart: Trends in GST Collection Table -1: State-wise growth of GST Revenues during December, 2023 State/UT Dec-22 Dec-23 Growth (%) Jammu and Kashmir 410 492 20% Himachal Pradesh 708 745 5% Punjab 1,734 1,875 8% Chandigarh 218 281 29% Uttarakhand 1,253 1,470 17% Haryana 6,678 8,130

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zoram 23 27 18% Tripura 78 79 2% Meghalaya 171 171 0% Assam 1,150 1,303 13% West Bengal 4,583 5,019 10% Jharkhand 2,536 2,632 4% Odisha 3,854 4,351 13% Chhattisgarh 2,585 2,613 1% Madhya Pradesh

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9,888 19% Puducherry 192 232 21% Andaman and Nicobar Islands 21 28 35% Telangana 4,178 4,753 14% Andhra Pradesh 3,182 3,545 11% Ladakh 26 58 127% Other Territory 249 227 -9% Center Jurisdiction 179 243 36% Grand Total 1,08,394

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16,382 14% Chandigarh 451 495 10% 1,582 1,708 8% Uttarakhand 3,568 4,046 13% 5,758 6,288 9% Haryana 13,424 14,992 12% 23,134 25,733 11% Delhi 10,167 11,544 14% 21,426 23,611 10% Rajasthan 11,483 12,732 11% 25,903 28,794 11%

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216 254 18% 1,046 813 -22% Mizoram 130 197 51% 623 707 14% Tripura 311 375 21% 1,074 1,166 9% Meghalaya 339 438 29% 1,087 1,244 14% Assam 3,785 4,346 15% 9,280 10,727 16% West Bengal 1

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12% 42,354 46,624 10% Dadra and Nagar Haveli and Daman and Diu 479 481 0% 889 804 -10% Maharashtra 63,169 74,589 18% 95,981 1,08,887 13% Karnataka 25,976 30,070 16% 48,642 54,881 13% Goa 1,435 1,685 17% 2,606 2,951 13% Lakshadweep 7 17 153%

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7,964 29,889 7% Andhra Pradesh 9,298 10,407 12% 21,137 23,481 11% Ladakh 123 186 51% 420 523 25% Other Territory 135 182 35% 420 903 115% Grand Total 3,01,175 3,46,938 15% 5,71,807 6,39,052 12% – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanagement – taxmanagementindia.com – TMI – TaxTMI – TM

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