GST Safar with CA Bhavesh Jhalawadia

GST Collection March 2023 is Rs 1,60,122 crore|Second Highest GST Collection ever March 2023

gst collection March 2023

GST Collection March 2023 has exceeded 1.4 lakh crore for twelve consecutive months.It is second highest gst collection ever.

GST Collection March 2023 as compared to same month of last year

Here the GST revenue Collection 2023 is compared with the same month of last year. That means, it is compared with GST Collection March 2022.

GST Revenue CollectionAmount
Gross GST Revenue Collection March 20231,60,122
Gross GST Revenue Collection March 20221,42,095
GST Revenues from import of goods in March,
2023 as compared March, 2022
13% higher
GST Revenues from domestic transaction in
March 2023 (including import of services)
as compared to March 2022
8% higher

GST Collection March 2023 summary

GSTAmount
Total GST Revenue1,60,122 Crore
CGST Revenue29,546 Crore
SGST Revenue37,314 Crore
IGST Revenue from Import of goods42,503 Crore
IGST Revenue from Domestic40,404 Crore
Cess Revenue from Import of goods960 Crore
Cess Revenue from Domestic9,395 Crore

Settlement from IGST Revenue March 2023

IGST SettlementAmount
IGST settled to CGST33,408 Crore
IGST settled to SGST28,187 Crore
Total CGST Revenue after settlement from IGST (62,954+33,408)96,362 Crore
Total SGST Revenue after settlement from IGST (65,501+28,187)93,688 Crore

GST Collection March 2023 State-wise as compared to March 2022

In the following table GST Collection March 2023 has been bifurcated in various states and the same has been compared with GST collection of March 2022 state wise and it is measured in terms of GST Collection growth.

State
GST Revenue
Mar-22
₹ in Crore
GST Revenue
Mar-23
₹ in Crore
Growth
of
GST
Collection
Jammu and Kashmir36847729.42 %
Himachal Pradesh6847398.11%
Punjab1,5721,73510.37%
Chandigarh18420210.09%
Uttarakhand1,2551,52321.34%
Haryana6,6547,78016.93%
Delhi4,1124,84017.72 %
Rajasthan3,5874,15415.80%
Uttar Pradesh6,6207,61315.01%
 Bihar1,3481,74429.40%
Sikkim23026214.11%
Arunachal Pradesh10514437.56%
Nagaland435835.07%
Manipur60659.37%
Mizorum377091.16 %
Tripura829010.21%
Meghalaya18120211.51%
Assam1,1151,28014.87%
West Bengal4,4725,09213.88%
Jharkhand2,5503,08320.92%
Odisha4,1254,74915.14%
Chhattisgarh2,7203,01710.90%
Madhya Pradesh2,9353,34614.01%
Gujarat9,1589,9198.31%
Dadra and Nagar Haveli2843098.99%
Maharashtra20,30522,69511.77%
Karnataka8,75010,36018.40%
Goa38651533.33%
Lakshadweep2330.14%
Kerala2,0892,35412.67%
Tamil Nadu8,0239,24515.24%
Puducherry16320424.78%
Andaman and Nicobar Islands273738.88%
Telangana4,2424,80413.25%
Andhra Pradesh3,1743,53211.26%
Ladakh2323-3.66%
Other Territory14924966.48%
Center Jurisdiction170142-16.31%
Grand Total1,01,9831,16,65914.39%

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