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Friday, November 22, 2024

₹ 1,17,010 crore gross GST revenue collected in the month of September 2021

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The gross GST revenue collected in the month of September 2021 is
₹ 1,17,010 crore of which CGST is ₹ 20,578 crore, SGST is ₹ 26,767 crore, IGST is ₹ 60,911 crore (including ₹ 29,555 crore collected on import of goods) and Cess is
₹ 8,754 crores (including ₹ 623 crores collected on import of goods).

The government has settled ₹ 28,812 crores to CGST and ₹ 24,140 crores to SGST from IGST as regular settlement. The total revenue of the Centre and the States after regular settlements in the month of September 2021 is ₹ 49,390 crores for CGST and ₹ 50,907 crore for the SGST.

The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year. During the month, revenues from import of goods were 30% higher and the revenues from the domestic transactions (including import of services) are 20% higher than the revenues from these sources during the same month last year. The revenue for September 2020 was, in itself at a growth of 4% over the revenue of September 2019 of ₹ 91,916 crores.

The average monthly gross GST collection for the second quarter of the current year has been ₹ 1.15 lakh crore, which is 5% higher than the average monthly collection of ₹ 1.10 lakh crore in the first quarter of the year. This clearly indicates that the economy is recovering at a fast pace. Coupled with economic growth, anti-evasion activities, especially action against fake billers have also been contributing to the enhanced GST collections. It is expected that the positive trend in the revenues will continue and the second half of the year will post higher revenues

The Centre had also released GST compensation of Rs. 22,000 crore to States to meet their GST revenue gap.

The table shows the state-wise figures of GST collected in each State during the month of September 2021 as compared to September 2020.

State-wise growth of GST Revenues during September 2021

Sep-20 Sep-21 Growth
Jammu and Kashmir 368 377 3%
Himachal Pradesh 653 680 4%
Punjab 1,194 1,402 17%
Chandigarh 141 152 8%
Uttarakhand 1,065 1,131 6%
Haryana 4,712 5,577 18%
Delhi 3,146 3,605 15%
Rajasthan 2,647 2,959 12%
Uttar Pradesh 5,075 5,692 12%
Bihar 996 876 -12%
Sikkim 106 260 144%
Arunachal Pradesh 35 55 56%
Nagaland 29 30 3%
Manipur 34 33 -2%
Mizoram 17 20 16%
Tripura 50 50 0%
Meghalaya 100 120 20%
Assam 912 968 6%
West Bengal 3,393 3,778 11%
Jharkhand 1,656 2,198 33%
Odisha 2,384 3,326 40%
Chhattisgarh 1,841 2,233 21%
Madhya Pradesh 2,176 2,329 7%
Gujarat 6,090 7,780 28%
Daman and Diu 15 0 -99%
Dadra and Nagar Haveli 225 304 35%
Maharashtra 13,546 16,584 22%
Karnataka 6,050 7,783 29%
Goa 240 319 33%
Lakshadweep 1 0 -51%
Kerala 1,552 1,764 14%
Tamil Nadu 6,454 7,842 21%
Puducherry 148 160 8%
Andaman and Nicobar Islands 19 20 3%
Telangana 2,796 3,494 25%
Andhra Pradesh 2,141 2,595 21%
Ladakh 9 15 61%
Other Territory 110 132 20%
Centre Jurisdiction 121 191 58%
Grand Total 72,250 86,832 20%

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