Chhattisgarh posts just 1% growth in GST collection in last one year

Representational image

Team News Riveting

Raipur, January 1

Chhattisgarh witnessed a marginal one per cent year-on-year (y-o-y) growth in the GST collection during the April-December 2023 period compared to corresponding period of last year.

According to the data released by the Ministry of Finance today, Chhattisgarh collected Rs 2613 crore compared to Rs 2585 core collected during April-December 2022. The y-o-y growth was just one per cent.

However, the gross GST collection across the country witnessed a robust 12 per cent y-o-y growth, reaching Rs 14.97 lakh crore, as against Rs 13.40 lakh crore collected in the same period of the previous year (April-December 2022). The average monthly gross GST collection of Rs 1.66 lakh crore in the first 9-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23.

The gross GST revenue collected in the month of December, 2023 is Rs 1,64,882 crore out of which CGST is Rs 30,443 crore, SGST is Rs 37,935 crore, IGST is Rs 84,255 crore (including Rs 41,534 crore collected on import of goods) and cess is Rs 12,249 crore (including Rs 1,079 crore collected on import of goods). Notably, this marks the seventh month so far this year with collections exceeding Rs 1.60 lakh crore.

The government has settled Rs 40,057 crore to CGST and Rs 33,652 crore to SGST from IGST. The total revenue of Centre and the States in the month of December, 2023 after regular settlement is Rs 70,501 crore for CGST and Rs 71,587 crore for the SGST.

The revenues for the month of December, 2023 are 10.3 per cent higher than the GST revenues in the same month last year. During the month, the revenues from domestic transactions (including import of services) are 13 per cent higher than the revenues from these sources during the same month last year.

The chart below shows trends in monthly gross GST revenues during the current year. Table-1 shows the state-wise figures of GST collected in each State during the month of December 2023 as compared to December 2022. Table-2 shows the state-wise figures of post settlement GST revenue of each State till the month of December 2023.

Chart: Trends in GST Collection

Table -1: State-wise growth of GST Revenues during December, 2023

State/UTDec-22Dec-23Growth (%)
Jammu and Kashmir                410                49220%
Himachal Pradesh                708                7455%
Punjab             1,734             1,8758%
Chandigarh                218                28129%
Uttarakhand             1,253             1,47017%
Haryana             6,678             8,13022%
Delhi             4,401             5,12116%
Rajasthan             3,789             3,8281%
Uttar Pradesh             7,178             8,01112%
Bihar             1,309             1,48714%
Sikkim                290                254-13%
Arunachal Pradesh                  67                  9744%
Nagaland                  44                  464%
Manipur                  46                  509%
Mizoram                  23                  2718%
Tripura                  78                  792%
Meghalaya                171                1710%
Assam             1,150             1,30313%
West Bengal             4,583             5,01910%
Jharkhand             2,536             2,6324%
Odisha             3,854             4,35113%
Chhattisgarh             2,585             2,6131%
Madhya Pradesh             3,079             3,42311%
Gujarat             9,238             9,8747%
Dadra and Nagar Haveli and Daman & Diu          318          3335%
Maharashtra           23,598           26,81414%
Karnataka           10,061           11,75917%
Goa                460                55320%
Lakshadweep                     1                     4310%
Kerala             2,185             2,45812%
Tamil Nadu             8,324             9,88819%
Puducherry                192                23221%
Andaman and Nicobar Islands                  21                  2835%
Telangana             4,178             4,75314%
Andhra Pradesh             3,182             3,54511%
Ladakh                  26                  58127%
Other Territory                249                227-9%
Center Jurisdiction                179                24336%
Grand Total1,08,3941,22,27013%

Table-2: SGST & SGST portion of IGST settled to States/UTs

April-December (Rs. in crore)

 Pre-Settlement SGSTPost-Settlement SGST[2]
State/UT2022-232023-24Growth2022-232023-24Growth
Jammu and Kashmir             1,699         2,18829%         5,442         6,02111%
Himachal Pradesh             1,731         1,92911%         4,205         4,160-1%
Punjab             5,719         6,28010%      14,371      16,38214%
Chandigarh                451            49510%         1,582         1,7088%
Uttarakhand             3,568         4,04613%         5,758         6,2889%
Haryana           13,424      14,99212%      23,134      25,73311%
Delhi           10,167      11,54414%      21,426      23,61110%
Rajasthan           11,483      12,73211%      25,903      28,79411%
Uttar Pradesh           20,098      24,16420%      49,384      55,65613%
Bihar             5,307         6,06714%      17,360      19,15710%
Sikkim                221            34154%            623            73818%
Arunachal Pradesh                344            46435%         1,176         1,41821%
Nagaland                158            22643%            716            7819%
Manipur                216            25418%         1,046            813-22%
Mizoram                130            19751%            623            70714%
Tripura                311            37521%         1,074         1,1669%
Meghalaya                339            43829%        1,087         1,24414%
Assam             3,785         4,34615%         9,280      10,72716%
West Bengal           15,959      17,4289%      29,170      31,3007%
Jharkhand             5,562         6,54518%         8,237         9,14811%
Odisha           10,313      11,90315%      14,046      18,09329%
Chhattisgarh             5,426         6,00411%        8,370         9,93719%
Madhya Pradesh             7,890         9,60622%      20,834      24,02615%
Gujarat           27,820      31,02812%     42,354      46,62410%
Dadra and Nagar Haveli and Daman and Diu          479          4810%          889          804-10%
Maharashtra           63,169      74,58918%      95,981   1,08,88713%
Karnataka           25,976      30,07016%      48,642      54,88113%
Goa             1,435         1,68517%         2,606         2,95113%
Lakshadweep                     7              17153%              22              72222%
Kerala             9,011      10,29314%      21,953      23,0455%
Tamil Nadu           26,657      30,32914%      43,332      47,96011%
Puducherry                344            3718%            876         1,03718%
Andaman and Nicobar Islands                133            15516%            365            3887%
Telangana           12,287      14,57919%      27,964      29,8897%
Andhra Pradesh             9,298      10,40712%      21,137      23,48111%
Ladakh                123            18651%            420            52325%
Other Territory                135            18235%            420            903115%
  Grand Total       3,01,175   3,46,93815%   5,71,807   6,39,05212%

Leave a Reply

Your email address will not be published. Required fields are marked *