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Ministry of Finance

GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore

GST collections breach landmark milestone of Rs.2 lakh crore Gross Revenue Records 12.4% y-o-y growth

Net Revenue (after refunds) stood at Rs.1.92 lakh crore; 15.5% y-o-y growth

Posted On: 01 MAY 2024 11:55AM by PIB Delhi

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at Rs.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 Rs.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): Rs.43,846 crore;
  • State Goods and Services Tax (SGST): Rs.53,538 crore;
  • Integrated Goods and Services Tax (IGST): Rs.99,623 crore, including Rs.37,826 crore collected on imported goods;
  • Cess: Rs.13,260 crore, including Rs.1,008 crore collected on imported goods.

Inter-Governmental Settlement: In the month of April, 2024, the central government settled Rs.50,307 crore to CGST and Rs.41,600 crore to SGST from the IGST collected. This translates to a total revenue of Rs.94,153 crore for CGST and Rs.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.

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%

able-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

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