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The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST revenue for April 2024 stands at ₹1.92 lakh crore, reflecting an impressive 15.5% growth compared to the same period last year.
Positive Performance Across Components:
Breakdown of April 2024 Collections:
- Central Goods and Services Tax (CGST): ₹43,846 crore;
- State Goods and Services Tax (SGST): ₹53,538 crore;
- Integrated Goods and Services Tax (IGST): ₹99,623 crore, including ₹37,826 crore collected on imported goods;
- Cess: ₹13,260 crore, including ₹1,008 crore collected on imported goods.
Inter-Governmental Settlement: In the month of April, 2024, the central government settled ₹50,307 crore to CGST and ₹41,600 crore to SGST from the IGST collected. This translates to a total revenue of ₹94,153 crore for CGST and ₹95,138 crore for SGST for April, 2024 after regular settlement.
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 April, 2024 as compared to April, 2023. Table-2 shows the state-wise figures of post settlement GST revenue of each State for the month of April, 2024.
Chart: Trends in GST Collection
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Table 1: State-wise growth of GST Revenues during April, 2024[1]
|
State/UT |
Apr-23 |
Apr-24 |
Growth (%) |
|
Jammu and Kashmir |
803 |
789 |
-2% |
|
Himachal Pradesh |
957 |
1,015 |
6% |
|
Punjab |
2,316 |
2,796 |
21% |
|
Chandigarh |
255 |
313 |
23% |
|
Uttarakhand |
2,148 |
2,239 |
4% |
|
Haryana |
10,035 |
12,168 |
21% |
|
Delhi |
6,320 |
7,772 |
23% |
|
Rajasthan |
4,785 |
5,558 |
16% |
|
Uttar Pradesh |
10,320 |
12,290 |
19% |
|
Bihar |
1,625 |
1,992 |
23% |
|
Sikkim |
426 |
403 |
-5% |
|
Arunachal Pradesh |
238 |
200 |
-16% |
|
Nagaland |
88 |
86 |
-3% |
|
Manipur |
91 |
104 |
15% |
|
Mizoram |
71 |
108 |
52% |
|
Tripura |
133 |
161 |
20% |
|
Meghalaya |
239 |
234 |
-2% |
|
Assam |
1,513 |
1,895 |
25% |
|
West Bengal |
6,447 |
7,293 |
13% |
|
Jharkhand |
3,701 |
3,829 |
3% |
|
Odisha |
5,036 |
5,902 |
17% |
|
Chhattisgarh |
3,508 |
4,001 |
14% |
|
Madhya Pradesh |
4,267 |
4,728 |
11% |
|
Gujarat |
11,721 |
13,301 |
13% |
|
Dadra and Nagar Haveli and Daman & Diu |
399 |
447 |
12% |
|
Maharashtra |
33,196 |
37,671 |
13% |
|
Karnataka |
14,593 |
15,978 |
9% |
|
Goa |
620 |
765 |
23% |
|
Lakshadweep |
3 |
1 |
-57% |
|
Kerala |
3,010 |
3,272 |
9% |
|
Tamil Nadu |
11,559 |
12,210 |
6% |
|
Puducherry |
218 |
247 |
13% |
|
Andaman and Nicobar Islands |
92 |
65 |
-30% |
|
Telangana |
5,622 |
6,236 |
11% |
|
Andhra Pradesh |
4,329 |
4,850 |
12% |
|
Ladakh |
68 |
70 |
3% |
|
Other Territory |
220 |
225 |
2% |
|
Center Jurisdiction |
187 |
221 |
18% |
|
Grand Total |
1,51,162 |
1,71,433 |
13% |
Table-2: SGST & SGST portion of IGST settled to States/UTs
April (Rs. in crore)
|
|
Pre-Settlement SGST |
Post-Settlement SGST[2] |
||||
|
State/UT |
Apr-23 |
Apr-24 |
Growth |
Apr-23 |
Apr-24 |
Growth |
|
Jammu and Kashmir |
394 |
362 |
-8% |
918 |
953 |
4% |
|
Himachal Pradesh |
301 |
303 |
1% |
622 |
666 |
7% |
|
Punjab |
860 |
999 |
16% |
2,090 |
2,216 |
6% |
|
Chandigarh |
63 |
75 |
20% |
214 |
227 |
6% |
|
Uttarakhand |
554 |
636 |
15% |
856 |
917 |
7% |
|
Haryana |
1,871 |
2,172 |
16% |
3,442 |
3,865 |
12% |
|
Delhi |
1,638 |
2,027 |
24% |
3,313 |
4,093 |
24% |
|
Rajasthan |
1,741 |
1,889 |
9% |
3,896 |
3,967 |
2% |
|
Uttar Pradesh |
3,476 |
4,121 |
19% |
7,616 |
8,494 |
12% |
|
Bihar |
796 |
951 |
19% |
2,345 |
2,688 |
15% |
|
Sikkim |
110 |
69 |
-37% |
170 |
149 |
-12% |
|
Arunachal Pradesh |
122 |
101 |
-17% |
252 |
234 |
-7% |
|
Nagaland |
36 |
41 |
14% |
107 |
111 |
4% |
|
Manipur |
50 |
53 |
6% |
164 |
133 |
-19% |
|
Mizoram |
41 |
59 |
46% |
108 |
132 |
22% |
|
Tripura |
70 |
80 |
14% |
164 |
198 |
21% |
|
Meghalaya |
69 |
76 |
9% |
162 |
190 |
17% |
|
Assam |
608 |
735 |
21% |
1,421 |
1,570 |
10% |
|
West Bengal |
2,416 |
2,640 |
9% |
3,987 |
4,434 |
11% |
|
Jharkhand |
952 |
934 |
-2% |
1,202 |
1,386 |
15% |
|
Odisha |
1,660 |
2,082 |
25% |
2,359 |
2,996 |
27% |
|
Chhattisgarh |
880 |
929 |
6% |
1,372 |
1,491 |
9% |
|
Madhya Pradesh |
1,287 |
1,520 |
18% |
2,865 |
3,713 |
30% |
|
Gujarat |
4,065 |
4,538 |
12% |
6,499 |
7,077 |
9% |
|
Dadra and Nagar Haveli and Daman and Diu |
62 |
75 |
22% |
122 |
102 |
-16% |
|
Maharashtra |
10,392 |
11,729 |
13% |
15,298 |
16,959 |
11% |
|
Karnataka |
4,298 |
4,715 |
10% |
7,391 |
8,077 |
9% |
|
Goa |
237 |
283 |
19% |
401 |
445 |
11% |
|
Lakshadweep |
1 |
0 |
-79% |
18 |
5 |
-73% |
|
Kerala |
1,366 |
1,456 |
7% |
2,986 |
3,050 |
2% |
|
Tamil Nadu |
3,682 |
4,066 |
10% |
5,878 |
6,660 |
13% |
|
Puducherry |
42 |
54 |
28% |
108 |
129 |
19% |
|
Andaman and Nicobar Islands |
46 |
32 |
-32% |
78 |
88 |
13% |
|
Telangana |
1,823 |
2,063 |
13% |
3,714 |
4,036 |
9% |
|
Andhra Pradesh |
1,348 |
1,621 |
20% |
3,093 |
3,552 |
15% |
|
Ladakh |
34 |
36 |
7% |
55 |
61 |
12% |
|
Other Territory |
22 |
16 |
-26% |
86 |
77 |
-10% |
|
Grand Total |
47,412 |
53,538 |
13% |
85,371 |
95,138 |
11% |
[1]Does not include GST on import of goods
[2] 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