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₹1,65,105 crore gross GST revenue collected for July 2023; records 11% Year-on-Year growth

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..... ₹1,65,105 crore gross GST revenue collected for July 2023; records 11% Year-on-Year growth - Goods and Services Tax - GST Dated:- 1-8-2023 - News - Gross GST collection crosses ₹1.6 lakh crore mark for 5th time since inception of GST Revenues from domestic transactions (including import of services) are 15% higher Year-on-Year The gross GST revenue collected in the month of July, 2023 is ₹1,65,105 crore of which CGST is ₹29,773 crore , SGST is ₹37,623 crore , IGST is ₹85,930 crore (including ₹ 41,239 crore collected on import of goods) and cess is ₹11,779 crore (including ₹ 840 crore collected on import of goods). The government has settled ₹39,785 crore to CGS .....

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..... T and ₹33,188 crore to SGST from IGST. The total revenue of Centre and the States in the month of July 2023 after regular settlement is ₹69,558 crore for CGST and ₹70,811 crore for the SGST. The revenues for the month of July 2023 are 11% higher than the GST revenues in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 15% higher than the revenues from these sources during the same month last year. It is for the fifth time, the gross GST collection has crossed Rs. 1.60 lakh crore mark. 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 .....

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..... the month of July 2023 as compared to July 2022 and table-2 shows the SGST and SGST portion of the IGST received/settled to the States/UTs in July 2023. State-wise growth of GST Revenues during July 2023 [1] (Rs. in crore) State/UT July 22 July 23 Growth(%) Jammu and Kashmir 431 549 27 Himachal Pradesh 746 917 23 Punjab 1733 2000 15 Chandigarh 176 217 23 .....

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..... Uttarakhand 1390 1607 16 Haryana 6791 7953 17 Delhi 4327 5405 25 Rajasthan 3671 3988 9 Uttar Pradesh 7074 8802 24 Bihar 1264 1488 18 Sikkim 249 314 26 Arunachal Pradesh 65 74 13 .....

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..... Nagaland 42 43 3 Manipur 45 42 -7 Mizoram 27 39 47 Tripura 63 78 23 Meghalaya 138 175 27 Assam 1040 1183 14 West Bengal 4441 5128 15 Jharkhand 2514 2859 14 Odisha .....

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..... 3652 4245 16 Chhattisgarh 2695 2805 4 Madhya Pradesh 2966 3325 12 Gujarat 9183 9787 7 Daman and Diu 313 354 13 Dadra and Nagar Haveli Maharashtra 22129 26064 18 Karnataka 9795 11505 17 Goa 433 .....

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..... 528 22 Lakshadweep 2 2 45 Kerala 2161 2381 10 Tamil Nadu 8449 10022 19 Puducherry 198 216 9 Andaman and Nicobar Islands 23 31 32 Telangana 4547 4849 7 Andhra Pradesh 3409 3593 5 Ladakh .....

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..... 20 23 13 Other Territory 216 226 4 Center Jurisdiction 162 209 29 Grand Total 106580 123026 15 [1] Does not include GST on import of goods Amount of SGST SGST portion of IGST settled to States/UTs in July 2023 (Rs. in crore) State/UT SGST collection SGST portion of IGST Total Jammu and Kashmir 234 429 663 .....

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..... Himachal Pradesh 233 285 518 Punjab 727 1138 1865 Chandigarh 57 133 190 Uttarakhand 415 210 625 Haryana 1610 1256 2866 Delhi 1221 1606 2827 Rajasthan 1380 1819 3199 Uttar Pradesh .....

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..... 2751 3426 6176 Bihar 718 1469 2187 Sikkim 30 53 83 Arunachal Pradesh 37 113 150 Nagaland 18 70 88 Manipur 23 58 80 Mizoram 22 57 79 Tripura 40 86 125 .....

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..... Meghalaya 50 99 149 Assam 451 696 1146 West Bengal 1953 1531 3483 Jharkhand 721 330 1051 Odisha 1300 416 1716 Chhattisgarh 627 382 1009 Madhya Pradesh 1045 1581 2626 Gujarat .....

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..... 3293 1917 5210 Dadra and Nagar Haveli and Daman and Diu 56 29 85 Maharashtra 7958 4167 12124 Karnataka 3181 2650 5831 Goa 173 146 320 Lakshadweep 2 13 14 Kerala 1093 1441 2534 Tamil Nadu 3300 .....

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..... 2119 5419 Puducherry 41 57 99 Andaman and Nicobar Islands 11 25 37 Telangana 1623 1722 3345 Andhra Pradesh 1199 1556 2755 Ladakh 11 47 58 Other Territory 19 55 75 Grand Total 37623 33188 .....

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..... 70811 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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