GST Collection June 2023
GST Collection June 2023
GST Collection June 2023
Gross GST collection crosses ₹1.6 lakh crore mark for 4th time
since inception of GST; ₹1.4 lakh crore for 16 months in a row;
and ₹1.5 lakh 7th times since inception
The gross GST revenue collected in the month of June, 2023 is ₹1,61,497 crore of which
CGST is ₹31,013 crore, SGST is ₹38,292 crore, IGST is
₹80,292 crore (including ₹ 39,035 crore collected on import of goods) and cess is ₹11,900
crore (including ₹ 1,028 crore collected on import of goods).
The government has settled ₹36,224 crore to CGST and ₹30269 crore to SGST from IGST.
The total revenue of Centre and the States in the month of June 2023 after regular
settlement is ₹67,237 crore for CGST and ₹68,561 crore for the SGST.
The revenues for the month of June 2023 are 12% higher than the GST revenues in the
same month last year. During the month, the revenues from domestic transactions
(including import of services) are 18% higher than the revenues from these sources
during the same month last year.
It is for the fourth time, the gross GST collection has crossed Rs. 1.60 lakh crore mark.
The average monthly gross GST collection for the first quarter of the FY 2021-22, FY 22-
23 & FY 23-24 are Rs. 1.10 lakh crore, Rs. 1.51 lakh crore and Rs. 1.69 lakh crore
respectively.
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 the month
of June 2023 as compared to June 2022 and table-2 shows the SGST portion of the IGST
received/settled to the States/UTs in June’2023.
Dadra and Nagar Haveli and Daman and Diu 27.97
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PPG/KMN