| |
|
|
Dear Professional Colleagues,
|
|
Greetings of the Day !
Ministry of Finance had issued a Press release dated May 1st, 2023, regarding gross GST revenue. Highlights The gross GST revenue collected in the month of April 2023 is Rs 1,87,035 crore of which, - CGST is ₹ 38,440 crore,
- SGST is ₹ 47,412 crore,
- IGST is ₹ 89,158 crore (including ₹ 34,972 crores collected on import of goods) and
- Cess is ₹ 12,025 crore (including ₹ 901 crores collected on import of goods).
- GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore
- Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 crore, in April 2022
- GST revenues for April 2023 are 12% higher than the GST revenues Y-o-Y
- Highest tax collected on a single day ever at ₹68,228 crore through 9. 8 lakh transactions on 20th April 2023
The government has settled ₹45,864 crore to CGST and ₹37,959 crore to SGST from IGST. The total revenue of Centre and the States in the month of April 2023 after regular settlement is ₹84,304 crore for CGST and ₹85,371 crore for the SGST. The revenues for the month of April 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 16% 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. The table shows the state-wise figures of GST collected in each State during the month of April 2023 as compared to April 2022.
State-wise
growth of GST Revenues during April 2023
|
State
|
Apr-22
|
Apr-23
|
Growth(%)
|
|
Jammu and Kashmir
|
560
|
803
|
44
|
|
Himachal Pradesh
|
817
|
957
|
17
|
|
Punjab
|
1,994
|
2,316
|
16
|
|
Chandigarh
|
249
|
255
|
2
|
|
Uttarakhand
|
1,887
|
2,148
|
14
|
|
Haryana
|
8,197
|
10,035
|
22
|
|
Delhi
|
5,871
|
6,320
|
8
|
|
Rajasthan
|
4,547
|
4,785
|
5
|
|
Uttar Pradesh
|
8,534
|
10,320
|
21
|
|
Bihar
|
1,471
|
1,625
|
11
|
|
Sikkim
|
264
|
426
|
61
|
|
Arunachal Pradesh
|
196
|
238
|
21
|
|
Nagaland
|
68
|
88
|
29
|
|
Manipur
|
69
|
91
|
32
|
|
Mizoram
|
46
|
71
|
53
|
|
Tripura
|
107
|
133
|
25
|
|
Meghalaya
|
227
|
239
|
6
|
|
Assam
|
1,313
|
1,513
|
15
|
|
West Bengal
|
5,644
|
6,447
|
14
|
|
Jharkhand
|
3,100
|
3,701
|
19
|
|
Odisha
|
4,910
|
5,036
|
3
|
|
Chhattisgarh
|
2,977
|
3,508
|
18
|
|
Madhya Pradesh
|
3,339
|
4,267
|
28
|
|
Gujarat
|
11,264
|
11,721
|
4
|
|
Dadra and Nagar Haveli and Daman and Diu
|
381
|
399
|
5
|
|
Maharashtra
|
27,495
|
33,196
|
21
|
|
Karnataka
|
11820
|
14,593
|
23
|
|
Goa
|
470
|
620
|
32
|
|
Lakshadweep
|
3
|
3
|
-7
|
|
Kerala
|
2,689
|
3,010
|
12
|
|
Tamil Nadu
|
9,724
|
11,559
|
19
|
|
Puducherry
|
206
|
218
|
6
|
|
Andaman and Nicobar Islands
|
87
|
92
|
5
|
|
Telangana
|
4,955
|
5,622
|
13
|
|
Andhra Pradesh
|
4,067
|
4,329
|
6
|
|
Ladakh
|
47
|
68
|
43
|
|
Other Territory
|
216
|
220
|
2
|
|
Centre Jurisdiction
|
167
|
187
|
12
|
|
Total
|
1,29,978
|
1,51,162
|
16
|
|
|
|
|
Hope you find it interesting and useful to read. For any clarification/ feedback, feel free to write us at amrg@amrg.in.
Best regards,
AMRG Team
|
|
|
|
About Us
AMRG & Associates is an established Chartered Accountants firm. It came into existence in 1984 and since then has grown its branches across major Indian cities such as Delhi, Mumbai and Chandigarh. Since its inception, it has become one of the leading chartered accountants’ firms in North India. AMRG & Associates offers its clients a wide range of exceptional services through the expertise of its highly motivated group of trained professionals. The firm provides expertise in financial and business advisory, tax and regulatory, audit and assurance and risk advisory services. AMRG & Associates has a client base of 200+ companies & individuals. The firm's approach to service delivery helps to provide value-added services to its wide clientele. Our differentiation is derived from a rapid performance based, industry-tailored and technology-enabled business advisory services delivered by talented professionals in the country.
Corporate office (Delhi, India) : AMRG Tower, 23, Paschim Vihar Extension, Main Rohtak Road, New Delhi -110063, T - 011-47322696 / 97 Branch office (Mumbai, India) : Shop no 14,Adarsh Nagar Bldg No 4,Kolbad, Thane West 400601. Branch office (Sydney, Australia) : Unit 9, 14-15 Junia Avenue, Toongabbie NSW 2146, Sydney, Australia. International Desk (USA) : Wiener & Garg LLC 6000 Executive Boulevard, Suite 520 | Rockville, MD 20852, T - 301.881.4244 | D - 240.833.4002 © -2022 AMRG & Associates All Rights Reserved. This document has been written for the general interest of our clients and professional colleagues and is subject to change. This document is not to be construed as any form of solicitation. It is not intended to be exhaustive or a substitute for legal advice. We cannot assume legal liability for any errors or omissions. Specific advice must be sought before taking any action pursuant to this document.
|
|
|
|
|
|
You are receiving this email because you opted in via our website.
Our mailing address is AMRG Tower, 23, Paschim Vihar Extension, Main Rohtak Road, New delhi-110063 , India |
|
|
|
|
