{"id":9528,"date":"2023-11-01T10:06:25","date_gmt":"2023-11-01T10:06:25","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=9528"},"modified":"2023-11-01T10:08:11","modified_gmt":"2023-11-01T10:08:11","slug":"gst-revenue-collection-for-october-2023-is-second-highest-ever-next-only-to-april-2023-at-rs-1-72-lakh-crore-records-increase-of-13-y-o-y","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/gst-revenue-collection-for-october-2023-is-second-highest-ever-next-only-to-april-2023-at-rs-1-72-lakh-crore-records-increase-of-13-y-o-y\/","title":{"rendered":"GST revenue collection for October 2023 is second highest ever, next only to April 2023, at Rs. 1.72 lakh crore; records increase of 13% Y-o-Y"},"content":{"rendered":"

Revenue from domestic transactions (including import of services) is also 13% higher Y-o-Y<\/p>\n

Average gross monthly GST collection in FY 2023-24 now stands at Rs.1.66 lakh crore; 11% higher Y-o-Y<\/strong><\/p>\n

The gross GST revenue collected in the month of October, 2023 is Rs. 1,72,003 crore<\/strong> out of which Rs. 30,062 crore<\/strong> is CGST, Rs. 38,171 crore<\/strong> is SGST, Rs. 91,315 crore<\/strong> (including Rs. 42,127 crore collected on import of goods) is IGST and Rs. 12,456 crore<\/strong> (including Rs. 1,294 crore collected on import of goods) is cess. \n <\/p>\n

The government has settled Rs. 42,873 crore to CGST and Rs. 36,614 crore to SGST from IGST. The total revenue of Centre and the States in the month of October, 2023 after regular settlement is Rs.72,934 crore for CGST and Rs. 74,785 crore for SGST. \n <\/p>\n

The gross GST revenue for the month of October, 2023 is 13% higher than that in the same month last year. During the month, revenue from domestic transactions (including import of services) is also 13% higher than the revenues from these sources during the same month last year. The average gross monthly GST collection in the FY 2023-24 now stands at Rs. 1.66 lakh crore and is 11% per cent more than that in the same period in the previous financial year. \n <\/p>\n

The chart below shows trends in monthly gross GST revenues during the current year. <\/p>\n

\"\"<\/p>\n

The table<\/strong> below shows the state-wise figures of post settlement GST revenue of each State till the month of October 2023.\n<\/p>\n

Table: SGST & SGST portion of IGST settled to States\/UTs<\/strong>
\n April-October (Rs. in crore)<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

Pre-Settlement SGST<\/strong> <\/p>\n<\/td>\n

\n

Post-Settlement SGST[1]<\/sup><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

State\/UT<\/strong><\/p>\n<\/td>\n

\n

2022-23<\/strong><\/p>\n<\/td>\n

\n

2023-24<\/strong><\/p>\n<\/td>\n

\n

Growth<\/strong><\/p>\n<\/td>\n

\n

2022-23<\/strong><\/p>\n<\/td>\n

\n

2023-24<\/strong><\/p>\n<\/td>\n

\n

Growth<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Jammu and Kashmir <\/p>\n<\/td>\n

\n

1,318 <\/p>\n<\/td>\n

\n

1,762 <\/p>\n<\/td>\n

\n

34% <\/p>\n<\/td>\n

\n

4,299 <\/p>\n<\/td>\n

\n

4,817 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n<\/tr>\n

\n

Himachal Pradesh <\/p>\n<\/td>\n

\n

1,341 <\/p>\n<\/td>\n

\n

1,546 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n

\n

3,368 <\/p>\n<\/td>\n

\n

3,302 <\/p>\n<\/td>\n

\n

-2% <\/p>\n<\/td>\n<\/tr>\n

\n

Punjab <\/p>\n<\/td>\n

\n

4,457 <\/p>\n<\/td>\n

\n

4,903 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n

\n

11,378 <\/p>\n<\/td>\n

\n

13,115 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n<\/tr>\n

\n

Chandigarh <\/p>\n<\/td>\n

\n

351 <\/p>\n<\/td>\n

\n

389 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n

\n

1,227 <\/p>\n<\/td>\n

\n

1,342 <\/p>\n<\/td>\n

\n

9% <\/p>\n<\/td>\n<\/tr>\n

\n

Uttarakhand <\/p>\n<\/td>\n

\n

2,805 <\/p>\n<\/td>\n

\n

3,139 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n

\n

4,513 <\/p>\n<\/td>\n

\n

4,890 <\/p>\n<\/td>\n

\n

8% <\/p>\n<\/td>\n<\/tr>\n

\n

Haryana <\/p>\n<\/td>\n

\n

10,657 <\/p>\n<\/td>\n

\n

11,637 <\/p>\n<\/td>\n

\n

9% <\/p>\n<\/td>\n

\n

18,291 <\/p>\n<\/td>\n

\n

20,358 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n<\/tr>\n

\n

Delhi <\/p>\n<\/td>\n

\n

8,000 <\/p>\n<\/td>\n

\n

9,064 <\/p>\n<\/td>\n

\n

13% <\/p>\n<\/td>\n

\n

16,796 <\/p>\n<\/td>\n

\n

18,598 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n<\/tr>\n

\n

Rajasthan <\/p>\n<\/td>\n

\n

8,832 <\/p>\n<\/td>\n

\n

9,859 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n

\n

19,922 <\/p>\n<\/td>\n

\n

22,571 <\/p>\n<\/td>\n

\n

13% <\/p>\n<\/td>\n<\/tr>\n

\n

Uttar Pradesh <\/p>\n<\/td>\n

\n

15,848 <\/p>\n<\/td>\n

\n

18,880 <\/p>\n<\/td>\n

\n

19% <\/p>\n<\/td>\n

\n

38,731 <\/p>\n<\/td>\n

\n

42,482 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Bihar <\/p>\n<\/td>\n

\n

4,110 <\/p>\n<\/td>\n

\n

4,731 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n

\n

13,768 <\/p>\n<\/td>\n

\n

15,173 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Sikkim <\/p>\n<\/td>\n

\n

179 <\/p>\n<\/td>\n

\n

297 <\/p>\n<\/td>\n

\n

66% <\/p>\n<\/td>\n

\n

489 <\/p>\n<\/td>\n

\n

629 <\/p>\n<\/td>\n

\n

29% <\/p>\n<\/td>\n<\/tr>\n

\n

Arunachal Pradesh <\/p>\n<\/td>\n

\n

282 <\/p>\n<\/td>\n

\n

378 <\/p>\n<\/td>\n

\n

34% <\/p>\n<\/td>\n

\n

932 <\/p>\n<\/td>\n

\n

1,155 <\/p>\n<\/td>\n

\n

24% <\/p>\n<\/td>\n<\/tr>\n

\n

Nagaland <\/p>\n<\/td>\n

\n

125 <\/p>\n<\/td>\n

\n

177 <\/p>\n<\/td>\n

\n

42% <\/p>\n<\/td>\n

\n

564 <\/p>\n<\/td>\n

\n

619 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Manipur <\/p>\n<\/td>\n

\n

166 <\/p>\n<\/td>\n

\n

210 <\/p>\n<\/td>\n

\n

27% <\/p>\n<\/td>\n

\n

812 <\/p>\n<\/td>\n

\n

659 <\/p>\n<\/td>\n

\n

-19% <\/p>\n<\/td>\n<\/tr>\n

\n

Mizoram <\/p>\n<\/td>\n

\n

105 <\/p>\n<\/td>\n

\n

168 <\/p>\n<\/td>\n

\n

60% <\/p>\n<\/td>\n

\n

488 <\/p>\n<\/td>\n

\n

573 <\/p>\n<\/td>\n

\n

18% <\/p>\n<\/td>\n<\/tr>\n

\n

Tripura <\/p>\n<\/td>\n

\n

242 <\/p>\n<\/td>\n

\n

299 <\/p>\n<\/td>\n

\n

23% <\/p>\n<\/td>\n

\n

847 <\/p>\n<\/td>\n

\n

928 <\/p>\n<\/td>\n

\n

9% <\/p>\n<\/td>\n<\/tr>\n

\n

Meghalaya <\/p>\n<\/td>\n

\n

265 <\/p>\n<\/td>\n

\n

353 <\/p>\n<\/td>\n

\n

33% <\/p>\n<\/td>\n

\n

841 <\/p>\n<\/td>\n

\n

988 <\/p>\n<\/td>\n

\n

17% <\/p>\n<\/td>\n<\/tr>\n

\n

Assam <\/p>\n<\/td>\n

\n

2,987 <\/p>\n<\/td>\n

\n

3,428 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n

\n

7,237 <\/p>\n<\/td>\n

\n

8,470 <\/p>\n<\/td>\n

\n

17% <\/p>\n<\/td>\n<\/tr>\n

\n

West Bengal <\/p>\n<\/td>\n

\n

12,682 <\/p>\n<\/td>\n

\n

13,799 <\/p>\n<\/td>\n

\n

9% <\/p>\n<\/td>\n

\n

22,998 <\/p>\n<\/td>\n

\n

24,607 <\/p>\n<\/td>\n

\n

7% <\/p>\n<\/td>\n<\/tr>\n

\n

Jharkhand <\/p>\n<\/td>\n

\n

4,329 <\/p>\n<\/td>\n

\n

5,152 <\/p>\n<\/td>\n

\n

19% <\/p>\n<\/td>\n

\n

6,466 <\/p>\n<\/td>\n

\n

7,128 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Odisha <\/p>\n<\/td>\n

\n

8,265 <\/p>\n<\/td>\n

\n

9,374 <\/p>\n<\/td>\n

\n

13% <\/p>\n<\/td>\n

\n

11,031 <\/p>\n<\/td>\n

\n

12,723 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n<\/tr>\n

\n

Chhattisgarh <\/p>\n<\/td>\n

\n

4,285 <\/p>\n<\/td>\n

\n

4,773 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n

\n

6,421 <\/p>\n<\/td>\n

\n

7,656 <\/p>\n<\/td>\n

\n

19% <\/p>\n<\/td>\n<\/tr>\n

\n

Madhya Pradesh <\/p>\n<\/td>\n

\n

6,062 <\/p>\n<\/td>\n

\n

7,384 <\/p>\n<\/td>\n

\n

22% <\/p>\n<\/td>\n

\n

15,418 <\/p>\n<\/td>\n

\n

18,100 <\/p>\n<\/td>\n

\n

17% <\/p>\n<\/td>\n<\/tr>\n

\n

Gujarat <\/p>\n<\/td>\n

\n

21,644 <\/p>\n<\/td>\n

\n

24,005 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n

\n

32,943 <\/p>\n<\/td>\n

\n

36,322 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Dadra and Nagar Haveli and Daman and Diu <\/p>\n<\/td>\n

\n

381 <\/p>\n<\/td>\n

\n

372 <\/p>\n<\/td>\n

\n

-3% <\/p>\n<\/td>\n

\n

709 <\/p>\n<\/td>\n

\n

606 <\/p>\n<\/td>\n

\n

-15% <\/p>\n<\/td>\n<\/tr>\n

\n

Maharashtra <\/p>\n<\/td>\n

\n

48,870 <\/p>\n<\/td>\n

\n

58,057 <\/p>\n<\/td>\n

\n

19% <\/p>\n<\/td>\n

\n

74,612 <\/p>\n<\/td>\n

\n

84,712 <\/p>\n<\/td>\n

\n

14% <\/p>\n<\/td>\n<\/tr>\n

\n

Karnataka <\/p>\n<\/td>\n

\n

20,165 <\/p>\n<\/td>\n

\n

23,400 <\/p>\n<\/td>\n

\n

16% <\/p>\n<\/td>\n

\n

37,924 <\/p>\n<\/td>\n

\n

42,657 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n<\/tr>\n

\n

Goa <\/p>\n<\/td>\n

\n

1,111 <\/p>\n<\/td>\n

\n

1,307 <\/p>\n<\/td>\n

\n

18% <\/p>\n<\/td>\n

\n

2,024 <\/p>\n<\/td>\n

\n

2,299 <\/p>\n<\/td>\n

\n

14% <\/p>\n<\/td>\n<\/tr>\n

\n

Lakshadweep <\/p>\n<\/td>\n

\n

6 <\/p>\n<\/td>\n

\n

16 <\/p>\n<\/td>\n

\n

162% <\/p>\n<\/td>\n

\n

18 <\/p>\n<\/td>\n

\n

66 <\/p>\n<\/td>\n

\n

259% <\/p>\n<\/td>\n<\/tr>\n

\n

Kerala <\/p>\n<\/td>\n

\n

7,016 <\/p>\n<\/td>\n

\n

8,082 <\/p>\n<\/td>\n

\n

15% <\/p>\n<\/td>\n

\n

17,450 <\/p>\n<\/td>\n

\n

18,370 <\/p>\n<\/td>\n

\n

5% <\/p>\n<\/td>\n<\/tr>\n

\n

Tamil Nadu <\/p>\n<\/td>\n

\n

20,836 <\/p>\n<\/td>\n

\n

23,661 <\/p>\n<\/td>\n

\n

14% <\/p>\n<\/td>\n

\n

34,334 <\/p>\n<\/td>\n

\n

37,476 <\/p>\n<\/td>\n

\n

9% <\/p>\n<\/td>\n<\/tr>\n

\n

Puducherry <\/p>\n<\/td>\n

\n

271 <\/p>\n<\/td>\n

\n

288 <\/p>\n<\/td>\n

\n

6% <\/p>\n<\/td>\n

\n

695 <\/p>\n<\/td>\n

\n

833 <\/p>\n<\/td>\n

\n

20% <\/p>\n<\/td>\n<\/tr>\n

\n

Andaman and Nicobar Islands <\/p>\n<\/td>\n

\n

112 <\/p>\n<\/td>\n

\n

125 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n

\n

287 <\/p>\n<\/td>\n

\n

311 <\/p>\n<\/td>\n

\n

8% <\/p>\n<\/td>\n<\/tr>\n

\n

Telangana <\/p>\n<\/td>\n

\n

9,538 <\/p>\n<\/td>\n

\n

11,377 <\/p>\n<\/td>\n

\n

19% <\/p>\n<\/td>\n

\n

21,301 <\/p>\n<\/td>\n

\n

23,478 <\/p>\n<\/td>\n

\n

10% <\/p>\n<\/td>\n<\/tr>\n

\n

Andhra Pradesh <\/p>\n<\/td>\n

\n

7,347 <\/p>\n<\/td>\n

\n

8,128 <\/p>\n<\/td>\n

\n

11% <\/p>\n<\/td>\n

\n

16,441 <\/p>\n<\/td>\n

\n

18,488 <\/p>\n<\/td>\n

\n

12% <\/p>\n<\/td>\n<\/tr>\n

\n

Ladakh <\/p>\n<\/td>\n

\n

81 <\/p>\n<\/td>\n

\n

121 <\/p>\n<\/td>\n

\n

49% <\/p>\n<\/td>\n

\n

311 <\/p>\n<\/td>\n

\n

377 <\/p>\n<\/td>\n

\n

21% <\/p>\n<\/td>\n<\/tr>\n

\n

Other Territory <\/p>\n<\/td>\n

\n

97 <\/p>\n<\/td>\n

\n

140 <\/p>\n<\/td>\n

\n

44% <\/p>\n<\/td>\n

\n

281 <\/p>\n<\/td>\n

\n

685 <\/p>\n<\/td>\n

\n

144% <\/p>\n<\/td>\n<\/tr>\n

\n

Grand Total<\/strong> <\/p>\n<\/td>\n

\n

2,35,167<\/strong> <\/p>\n<\/td>\n

\n

2,70,777<\/strong> <\/p>\n<\/td>\n

\n

15%<\/strong> <\/p>\n<\/td>\n

\n

4,46,167<\/strong> <\/p>\n<\/td>\n

\n

4,97,562<\/strong> <\/p>\n<\/td>\n

\n

12%<\/strong> <\/p>\n<\/td>\n<\/tr>\n<\/table>\n

[1]<\/em><\/strong> Post-Settlement GST is cumulative of the GST revenues of the States\/UTs and the SGST portion of the IGST settled to the States\/UTs<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

Revenue from domestic transactions (including import of services) is also 13% higher Y-o-Y Average gross monthly GST collection in FY 2023-24 now stands at Rs.1.66…<\/p>\n","protected":false},"author":1,"featured_media":386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/9528"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=9528"}],"version-history":[{"count":4,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/9528\/revisions"}],"predecessor-version":[{"id":9533,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/9528\/revisions\/9533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/386"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=9528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=9528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=9528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}