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August 2023 Goods and Services Tax Collection Overview

India's GST collections for August 2023 totaled Rs. 1,59,069 crore, marking a slight decrease from July but demonstrating an 11% year-on-year growth. The revenue composition included CGST, SGST, IGST, and Cess, with significant inter-governmental settlements. This period notably marked the eighteenth consecutive month exceeding Rs. 1.4 lakh crore in collections, with several states showing impressive individual growth.

📖 5 min read read🏷️ GST Collections

India's Goods and Services Tax (GST) revenue for August 2023 totaled Rs. 1,59,069 crore, representing a decrease from July 2023's collection of Rs. 1,65,105 crore. This July figure had previously shown an increase compared to June 2023, which recorded Rs. 1,61,497 crore. Despite the monthly decline, the August 2023 GST collection demonstrated an 11% year-on-year growth. For more details, refer to the GST collections for July 2023.

August 2023 GST Revenue Components

The total GST revenue for August 2023 comprised:

  • Central GST (CGST): Rs. 28,328 crore
  • State GST (SGST): Rs. 35,794 crore
  • Integrated GST (IGST): Rs. 83,251 crore (including Rs. 43,550 crore from imported goods)
  • Cess: Rs. 11,695 crore (with Rs. 1,016 crore from imported goods)

From the IGST collections, the central government allocated Rs. 37,581 crore to CGST and Rs. 31,408 crore to SGST as part of its regular settlements in August 2023. After these adjustments, the net revenue retained was Rs. 65,909 crore for the Central GST and Rs. 67,202 crore for the State GST.

Analysis of August 2023 GST Performance

While August 2023 saw a dip in monthly GST collections, it marked the eighteenth consecutive month that collections surpassed Rs. 1.4 lakh crore and the ninth instance of exceeding Rs. 1.5 lakh crore since the GST implementation on July 1, 2017.

Domestic revenue, including service imports, grew by 14% year-on-year, while GST revenue from imported goods showed a 3% increase. Overall, the August 2023 GST revenues were 11% higher than the Rs. 1,43,612 crore collected in August 2022.

A consistent upward trend in GST collections has been observed since April 2023, although May 2023 recorded the lowest collections within the current fiscal year. Continued improvement is anticipated in the coming months, driven by economic recovery and the upcoming festive season.

State-wise GST Collection Figures for August 2023

Tripura led all states and union territories with a remarkable 40% year-on-year increase in GST collection. Arunachal Pradesh and Ladakh also demonstrated significant growth, both reporting a 39% rise, followed by Nagaland at 37% and Goa at 36%.

In absolute terms, Maharashtra continued its trend of highest collections, reaching Rs. 23,282 crore for August 2023. Other states with strong performance included Karnataka, Gujarat, Tamil Nadu, Haryana, Uttar Pradesh, and West Bengal, consistent with previous months.

The following table presents a detailed comparison of GST collections for each state and union territory between August 2022 and August 2023:

State/UTAugust’22August’23Growth(%)
Jammu and Kashmir43452321
Himachal Pradesh7097252
Punjab1651181310
Chandigarh1791927
Uttarakhand1094135324
Haryana6772766613
Delhi434946206
Rajasthan334136269
Uttar Pradesh6781746810
Bihar127113799
Sikkim24732029
Arunachal Pradesh598239
Nagaland385137
Manipur354017
Mizoram283213
Tripura567840
Meghalaya14718928
Assam105511489
West Bengal460048004
Jharkhand259527215
Odisha3884440814
Chhattisgarh2442289619
Madhya Pradesh281430649
Gujarat8684976512
Daman and Diu and Dadra and Nagar Haveli3113244
Maharashtra188632328223
Karnataka95831111616
Goa37650936
Lakshadweep03853
Kerala2036230613
Tamil Nadu8386947513
Puducherry20023115
Andaman and Nicobar Islands162135
Telangana3871439313
Andhra Pradesh3173347910
Ladakh192739
Other Territory224184-18
Center Jurisdiction205193-6
Grand Total10052611450314

State-wise SGST Settlement and Total SGST

The Press Information Bureau (PIB) issued data detailing the State GST (SGST) amounts disbursed to states and union territories from the Integrated GST (IGST) and the SGST collected in August 2023. Consistent with prior months, Maharashtra, Karnataka, and Uttar Pradesh registered the highest figures, as illustrated in the table below.

State/UTSGST collectionSGST portion of IGSTTotal
Jammu and Kashmir220420640
Himachal Pradesh182210392
Punjab6031,2011,804
Chandigarh51119171
Uttarakhand382255637
Haryana1,5851,0942,679
Delhi1,1131,2092,322
Rajasthan1,2651,7302,994
Uttar Pradesh2,3783,1655,544
Bihar6541,3361,990
Sikkim424385
Arunachal Pradesh40100140
Nagaland235982
Manipur216283
Mizoram175472
Tripura3684120
Meghalaya5086136
Assam4406911,131
West Bengal1,7971,5163,313
Jharkhand802120922
Odisha1,3334011,734
Chhattisgarh7104881,198
Madhya Pradesh9781,4472,425
Gujarat3,2111,7234,933
Dadra and Nagar Haveli and Daman and Diu514090
Maharashtra7,6303,84111,470
Karnataka3,0292,6275,656
Goa174111285
Lakshadweep022
Kerala1,0351,4372,472
Tamil Nadu3,3012,2125,513
Puducherry435194
Andaman and Nicobar Islands102233
Telangana1,4391,7463,186
Andhra Pradesh1,1221,4812,603
Ladakh144357
Other Territory13182195
Grand Total35,79431,40867,202

The Ministry of Finance published the August 2023 GST collection report via a press release on the PIB website on September 1, 2023.

Frequently Asked Questions

What is the Goods and Services Tax (GST) in India?
The Goods and Services Tax (GST) is an indirect tax used in India on the supply of goods and services. It is a comprehensive, multi-stage, destination-based tax that replaced multiple cascading taxes levied by the central and state governments.
How is GST revenue distributed between the Central and State governments?
GST revenue is categorized into Central GST (CGST), State GST (SGST), and Integrated GST (IGST). CGST goes to the central government, SGST to the state government, and IGST is levied on inter-state supplies, which is then divided between the central and state governments based on predefined rules.
What is the difference between CGST, SGST, IGST, and UTGST?
CGST (Central GST) is levied on intra-state supplies by the Central Government. SGST (State GST) is levied on intra-state supplies by the State Government. IGST (Integrated GST) is levied on inter-state supplies by the Central Government. UTGST (Union Territory GST) is the equivalent of SGST for Union Territories without a legislature.
Why are GST collection figures important for the Indian economy?
GST collection figures are a key indicator of economic health and consumption patterns. Higher collections often signify increased economic activity, better tax compliance, and stronger consumer demand, which can influence government policy and spending.
How often are GST collection figures released in India?
GST collection figures in India are typically released on a monthly basis by the Ministry of Finance, providing regular updates on tax revenue performance.

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